July 2020

AT A GLANCE: Usiminas Q2 steel sales down on Covid-19; iron ore exports up

A summary of production figures and financial results from Brazilian steelmaker Usiminas in the second quarter of 2020, as stated in its earnings report published on Thursday July 30.

APEX Q2 2020: ED&F Man’s Meir tops Q2 2020 base metals prediction leaderboard

ED&F Man’s Ed Meir clinched the top spot on the base metals predictions leaderboard for the second quarter of 2020 with 98.87% accuracy while ING’s Wenyu Yao took the top spot for precious metals predictions over the period with a 98.75% accuracy rating.

AT A GLANCE: Vale Q2 Ebitda rises on higher base metals prices

A summary of Brazilian mining company Vale’s financial results for the second quarter of 2020, as stated in its earnings report released on Wednesday July 29.

FOCUS: Iron ore fines supply continues to hang in perilous balance

The state of the global iron ore supply remains a key risk factor for market participants in 2020 due to mining operations being affected by the Covid-19 pandemic, sources said.

IRON ORE DAILY: Steady prices prompt active trading to continue

Iron ore prices were relatively stable on Thursday July 30, encouraging trading in both the seaborne market and at ports in China.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

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

AT A GLANCE: FMG exceeds FY20 guidance for iron ore

A summary of Fortescue Metals Group’s production results of iron ore for its financial fourth-quarter ended June 30, 2020, as stated in its latest production report released on Thursday July 30.

CSN aims to increase iron ore output to 10mln tonnes per quarter in H2

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) expects to increase its iron ore production from the third quarter, after transportation issues reduced output in the first six months of the year, the company’s chief financial officer, Marcelo Ribeiro, said on Wednesday July 29.

AT A GLANCE: Steel, iron ore sales from Brazil's CSN down in Q2

A summary of production figures and financial results from Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) for the second quarter of 2020, as stated in its earnings report published on Tuesday July 28.

IRON ORE DAILY: Active trading, strong futures gains prompt surge in seaborne prices

Seaborne iron ore prices were up on Wednesday July 29 in an active day on trading platforms, with gains observed in the futures markets.