December 2013

2014 OUTLOOK: Pellet, lump premiums will strengthen before correcting

Premiums for iron ore pellets and lumps could strengthen further into early 2014 on relatively tight supply, but corrections are likely to follow, market participants said.

CHINA STEEL WRAP: Prices flat on New Year's Eve

China’s spot steel prices were stable on Tuesday December 31 with major mills expected to announce their pricing policy for early January.

IRON ORE DERIVATIVES WRAP: OTC market quiet on New Year’s Eve

The iron ore swaps market edged down in quiet trading ahead of the New Year on Tuesday December 31.

China’s spot rebar prices unchanged amid New Year's Eve lull

China’s spot rebar prices were stable on Tuesday December 31 amid a quiet market with major mills expected to announce their price policy for early January.

Spot 63.5% Fe iron ore prices flat on New Year's eve

China’s imported iron ore market was stable on Tuesday December 31 amid slack trading activity with the year coming to an end.

SGX gets US approval for derivatives clearing

The Singapore Exchange (SGX) has been recognised as a derivatives clearing organisation (DCO) by US derivatives regulator Commodity Futures Trading Commission (CFTC).

Metal Bulletin Iron Ore Index edges up on supply pressure

Spot 62% Fe prices saw a small rise on Monday December 30 on improved sentiment, while supply pressure on bad weather is building up.

IRON ORE DERIVATIVES WRAP: Volumes dwindle after strong early trading

The iron ore swaps market saw robust trade during pre-index trading, but volumes dried up in the London session.