May 2018

IRON ORE DAILY: Prices up further, Brazilian fines still outperform

Physical iron ore prices continued to strengthen on Thursday May 31, with Brazilian materials still outshining others.

PRICING NOTICE: Correction to 62% Fe China Port Price Index

Due to an administrative error, Metal Bulletin’s 62% Fe China Port Price Index was published incorrectly on May 31, 2018.

China AM: Ferrous futures mostly up despite May's lower steel PMI

China’s ferrous futures mostly edged up during morning trading on Thursday May 31 despite a drop in the latest steel purchasing managers’ index (PMI).

IRON ORE DAILY: Brazilian fines premiums rise further after CSN declares force majeure

Seaborne iron ore trading was relatively active on Wednesday May 30, with Brazilian fines snapped up at higher premiums after a force majeure announcement by CSN.

Steelmaking Raw Materials Trade Log, May 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.

Need for high-grade iron ore derivatives grows

Widening grade differentials in the iron ore market has created the need for derivatives for high-Fe products, market participants said at the Singapore Exchange’s (SGX) Iron Ore Forum last week.

China AM: Ferrous futures edge up after weak start

China's ferrous futures started the day low on Wednesday May 30 but most contracts ended the morning session higher, with the exception of that for iron ore.

CSN Mineração declares force majeure over truckers' strike

Brazilian miner CSN Mineração has declared force majeure over an ongoing protest by truck drivers over recent fuel price increases, it said on Tuesday May 29.

PRICING NOTICE: Correction to 62% Fe China Port Price Index

Due to an administrative error, Metal Bulletin’s 62% Fe China Port Price Index was published incorrectly on May 28, 2018.

ANALYSIS: Iron ore market appetite shifts to low alumina from low silica

Pricing for alumina and silica contents in seaborne iron ore underlines Chinese buyers’ increasing sensitivity towards alumina content in their shipments compared with the usual pickiness about silica.