October 2018

Steelmaking Raw Materials Trade Log, October 31, 2018

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

IRON ORE DAILY: Fines prices retreat amid caution, lump premium rises

Prices for iron ore fines weakened on Wednesday October 31 in a cautious market, while lump premiums traded higher.

BHP sees sustained quality differentials for steelmaking raw materials

BHP is counting on India and China to drive demand for steelmaking raw materials in the year ahead, and expects the structural change in the Chinese steel industry in particular to sustain wide differentials between products of varying quality.

China AM: Ferrous futures largely recover from Tuesday tumble

Ferrous futures mostly ended morning trading on a slight uptick on Wednesday October 31 following a steep decline during Tuesday night’s session.

ASIAN MORNING BRIEF 31/10: Base metal prices drift lower; EU opens investigation on flat steel venture; LME reaches Brexit resolution

The latest news and price moves to start the Asian day on Wednesday October 31.

IRON ORE DAILY: Australian fines trade higher on tight supplies

Prices for some Australian fines continued to strengthen on Tuesday October 30, especially at Chinese ports, amid supply tightness.

Steelmaking Raw Materials Trade Log, October 30, 2018

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

'Structural change' in iron ore market leads Flinders Mines to review options

With discounts for lower-grade and high-impurity iron ore coming across as a structural change in the market, Australia’s Flinders Mines is looking to improve the grade of the steelmaking raw material that it hopes to develop at its flagship project in the Pilbara.

China AM: Ferrous futures recover from previous morning's fall

China’s ferrous futures ended the morning trading session higher on Tuesday October 30, reversing the trend seen on Monday morning.

Baowu Steel’s net profit rises 35% in January-September

Baowu Steel Group Corp, China’s largest steelmaker, reported increases in its net profit and revenue for the first nine months of 2018.