April 2020

PEOPLE MOVES: Marex Spectron brings in Mehew in new role as head of steel, ferrous derivatives

Marex Spectron has created the new role of head of steel and ferrous derivatives and has hired Sam Mehew to fill the post, the company announced on Tuesday April 7.

IRON ORE DAILY: Seaborne prices fall but portside IOCJ price rises

Seaborne iron ore prices went down on Tuesday April 7 from the levels seen at the end of last week, but high-grade ore performed well in portside trading. The Chinese markets had been closed on Monday for the Qingming Festival holiday.

IRON ORE DAILY: Prices flat amid Chinese holiday

Seaborne iron ore prices were flat on Monday April 6 at the end of the long weekend holiday in China.

IRON ORE DAILY: Prices stable before holiday in China

Seaborne iron ore market continued to maintain relatively stable levels on Friday April 3 amid a busy trading day at Chinese ports.

Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Brazil iron ore exports down 2% in March

Iron ore export volumes from Brazil fell by 2.13% year on year in March, with the daily average falling by 15.48% in the same comparison, Fastmarkets understands.

IRON ORE MONTHLY: Traded volumes for SGX's 65% Fe contract hit new record

The seaborne iron ore market maintained its momentum in March, even with the Covid-19 pandemic causing turmoil for the global economic outlook and leading to steel production cuts and weakening demand outside of China.

IRON ORE DAILY: Futures prices up, port trading active in stable market

Seaborne iron ore prices were stable on Thursday April 2, with futures prices on the Dalian Commodity Exchange and Singapore Exchange registering gains, and active physical trading in the Chinese port market.

FREE WEBINAR: Impact of coronavirus on steel supply chain, near-term market trends

Join Fastmarkets’ free webinar on how the steel supply chain in Asia has responded to the novel coronavirus (2019-nCoV) outbreak, and what the next moves could be for the steel industry and its upstream raw materials.

Vale looks to again increase production at Brucutu

Brazilian miner Vale is seeking alternatives to waste disposal at its Brucutu iron ore mine to produce at 80% capacity this year, up from 40% currently, the company said on Wednesday April 1.