July 2018

PRICING NOTICE: Delayed publication of iron ore prices

As a result of a technical error, iron ore prices for July 31 were published on the Metal Bulletin price book later than scheduled.

IRON ORE DAILY: Seaborne fines prices rise, lump premium falls

Seaborne iron ore fines traded at higher prices on Tuesday July 31 while a lump cargo changed hands at a weaker price, Metal Bulletin was told.

Steelmaking Raw Materials Trade Log, July 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.

China AM: Steel futures rise amid declining inventories

China’s steel futures strengthened during morning trading on Tuesday July 31 following the release of monthly spot market inventory data showing a sustained decrease for Chinese rebar, while the raw materials contracts declined during the session.

IRON ORE DAILY: Prices rangebound amid Changzhou restriction jitters

Physical iron ore prices were little changed on Monday July 30 with many market participants adopting a wait-and-see stance following the release of a local government document on steelmaking restrictions in China.

Steelmaking Raw Materials Trade Log, July 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.

ANALYSIS: Explaining the silica, alumina value-in-use oscillation in iron ore pricing

It’s been an uncharacteristically stable year for the benchmark iron ore price, with the Metal Bulletin Iron Ore Index-62 (MBIOI-62) moving within a 26% range this year, and a less than 10% range over the past four months.

China AM: Ferrous futures start week without clear trend

China’s ferrous futures moved in different directions during morning trading on Monday July 30, with the hot-rolled coil and iron ore contracts declining while those for rebar, coking coal and coke ended the session higher.

Traders step back from seaborne iron ore concentrate market

The seaborne iron ore concentrate market softened last week with a number of traders taking a step back from purchases.

STEEL WEEK IN BRIEF: Global scrap prices fall; US, EU working to resolve tariff tiff; Italian authorities may cancel Ilva sale...

Metal Bulletin reviews the major stories that have affected the steel market over the past week.