July 2018

Steelmaking Raw Materials Trade Log, July 23, 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: Prices rise amid gains in Chinese steel, futures markets

Iron ore prices strengthened on Monday July 23 amid gains in China’s futures and steel markets.

NORTH AMERICAN MORNING BRIEF 23/07: LME base metals up on weaker dollar; China HRC prices rebound; spot cobalt price falls

The latest metal markets news and price moves to start the North American day on Monday July 23.

COKING COAL DAILY: Seaborne prices fall further amid weakened demand

Seaborne coking coal spot prices fell on Monday July 23 with end-users in China remaining on the sidelines, and market participants are bracing themselves for even more downward pressure.

Trading activity cools for iron ore concentrate, but pellet segment robust

Trading in the seaborne iron ore concentrate market slowed further last week, though prices for high-grade products remained high.

China AM: Ferrous futures post early-week gains

China’s ferrous futures trended upward during the morning trading session on Monday July 23.

STEEL WEEK IN BRIEF: Preliminary EU safeguarding measures, weak Turkish and Asian scrap prices, alleged anti-trust in Japan…

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

WEEKLY SCRAP WRAP: Global prices fall on bearish Turkish, Taiwanese markets

Global scrap prices weakened in the export markets of Turkey, Taiwan and the United States in the week from July 16 to July 20, due to continued weakness in Turkish rebar demand and a greater supply of scrap cargoes offered to Taiwan.

Brazilian pig iron producers inactive in export market

Brazilian pig iron producers continued to hold back from the export markets this week because of continued strong local demand and full order books at least until late September.

EUROPE ALLOY STEEL SCRAP: Prices down on low demand, falling nickel values

UK and European alloy steel scrap prices have weakened on slowing demand from mills and, in the case of austenitic products, lower nickel prices.