October 2020

DAILY STEEL SCRAP: Baltic Sea deal sends prices further down

Turkish deep-sea scrap import prices fell after news of a Baltic Sea cargo being sold into Turkey came to light on Thursday October 1.

RESEARCH: Iron ore, met coal diverge while pressure grows for China scrap, metallics prices

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

IRON ORE MONTHLY: Product blending stretches 65/62% Fe spread in Sept

The spread between the seaborne 62% and 65% Fe fines iron ore prices widened again in September reflecting a decision by Chinese steel mills to use a more cost-efficient blend of high grades with low grades.

Strong Q4 steel prices to support Japan scrap market, Jisri says

Rising steel prices over the coming months are likely to prop up prices for ferrous scrap in Japan, the Japan Iron and Steel Recycling Institute (Jisri) said on Thursday October 1.

IRON ORE DAILY: Prices flat amid Chinese holiday

Seaborne iron ore prices were flat on Thursday October 1 due to the start of the one-week Golden Week holiday in China.

COKING COAL DAILY: Seaborne prices flat amid China absence

Seaborne hard coking coal prices in the cfr China and fob Australia market were unchanged on Thursday October 1 amid a quiet market now that the Chinese Golden Week national holiday is underway.

JAPAN STEEL SCRAP: Market weakens further but price floor 'in sight'

Export prices for Japanese steel scrap dipped again over the past week amid low demand from Taiwan and South Korea, market sources told Fastmarkets.