November 2019

Export pig iron price from south of Brazil up on resumed sales to China

Pig iron export prices from Brazil have moved higher during the week ended Friday November 22, on resumed sales to China at higher prices.

UK SCRAP: Light iron market stable on firm Turkish imports

The inter-merchant spot price for light iron scrap in the UK was stable in the week ended Friday November 22, with steady demand into domestic major shredders and solid business levels into Turkey from Europe cementing British prices, trade sources told Fastmarkets.

INDIA IMPORT SCRAP: Prices dip as market falters

The price of ferrous scrap imported into India moved down this week after sentiment turned negative and market participants stepped back from trading, sources told Fastmarkets on Friday November 22.

US PIG IRON: Market static while parties negotiate prices

No new deals were reported in the US pig iron market during the week ended Friday November 22 because buyers and suppliers failed to agree deal prices.

DAILY SCRAP REPORT: Latest Baltic Sea deal keeps prices flat

Turkish steel producers continued to book deep-sea scrap for December deliveries at a slow pace and steady prices, sources said on Friday November 22.

IRON ORE DAILY: 65% seaborne price crosses $100/t mark for the first time since early October

The Fastmarkets index for iron ore 65% Fe Brazil-origin, cfr Qingdao, rose on Friday November 22, breaching the $100-per-tonne mark for the first time since October 8.

CIS PIG IRON: Market stable on low trading activity

The pig iron export market for the Commonwealth of Independent States was stable on low trading activity during the week ended Thursday November 21, Fastmarkets has heard.

ASIA FERROUS SCRAP: Taiwan market continues uptrend while Vietnam stagnates

Steady demand in Taiwan continues to prop up ferrous scrap prices, which maintained a slight upward trend this week.

PREVIEW: Dial up the concern on future Indian iron ore supply

The availability of Indian iron ore in the international market is shrouded in uncertainty amid falling seaborne prices and concerns over domestic supply in the South Asian country due to the impending expiration of non-captive mine leases in March 2020.

COKING COAL DAILY: Seaborne prices post small gains

Prices for seaborne premium hard coking coal rose on Friday November 22, though participants said that there was little room for the market to strengthen significantly in the coming weeks.