August 2018

STEEL WEEK IN BRIEF: Trump grants limited 232 exemptions, Turkish mills resume scrap bookings

Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31.

Steelmaking Raw Materials Trade Log, August 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: Lump premiums rise further

Seaborne iron ore lump premiums traded notably higher on Friday August 31, while fines prices also edged up.

Atlas Iron's FY2018 sales volume falls 36%

Australian miner Atlas Iron sold 9.22 million wet metric tonne (wmt) of iron ore in the 12 months ended June 30, down 36.1% year on year, with earnings taking a hit amid steeper discounts for low-grade products, it said earlier this week.

China AM: Steel futures fall on lower PMI

China’s steel futures tumbled again during morning trading on Friday August 31 after experiencing losses a day earlier, following the release of data showing a drop in the country’s steel purchasing managers’ index (PMI)

IRON ORE DAILY: Seaborne transactions limited amid steel losses in China

Trading activity in the seaborne iron ore market was limited on Thursday August 30 with buyers and sellers refusing to compromise amid price drops in China’s steel markets.

Steelmaking Raw Materials Trade Log, August 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.

China AM: Coke futures tumble during early trading

China’s coke future tumbled during morning trading on Thursday August 30, while the other ferrous contracts ended the session little changed from their opening prices.

IRON ORE DAILY: Prices rise for high grades, lumps

Seaborne iron ore transactions slowed down on Wednesday August 29 with higher prices reported for 65% Fe fines as well as lumps.

Steelmaking Raw Materials Trade Log, August 29, 2018

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