Seaborne iron ore prices edged up on Thursday, December 7, amid positive market sentiment and elevated crude steel output, sources told Fastmarkets.
07 December 2023
Alice Li
Spot prices for steel scrap imported into Taiwan continued to trend up on Thursday December 7 due to bullish sentiment in major importer Turkey, which has led to suppliers in the US raising their offers to Taiwan.
07 December 2023
Tianran Zhao
Chinese import prices for basic pig iron rose in the two weeks to Thursday December 7, after trades were confirmed at higher prices, sources told Fastmarkets.
07 December 2023
Shu Yi Zheng
China’s domestic rebar prices remained on an uptrend on Thursday December 7 due to the higher prices for raw materials and positive steel export data released on the same day, sources said.
07 December 2023
Jessica Zong
Fastmarkets has corrected its index assessment for pulverized coal injection, low-vol, cfr Jingtang, $/wmt, MB-COA-0007, which was published incorrectly on Monday December 4 and Tuesday December 5, due to an error.
07 December 2023
Bella Cheng
At the start of 2024, Fastmarkets will amend the MB-IRO-0009 Iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne index to more closely align with the Brazilian high-grade Carajas fines it seeks to reflect.
07 December 2023
Alice Li
Turkish steel mills continued to be absent from the deep-sea ferrous scrap import market on Wednesday November 6 amid surging scrap offers and a slow price increase of domestic finished steel, sources told Fastmarkets.
06 December 2023
Aameer Sayed
Seaborne iron ore prices rose on Wednesday December 6 in line with futures and swap prices, demand for seaborne cargoes increasing on restocking demand, and slightly improved import arbitrage, sources told Fastmarkets.
06 December 2023
Shu Yi Zheng
Miner Rio Tinto is to build an additional solar farm and battery storage facility to power its Amrun bauxite operations in Queensland, Australia, as part of its efforts to reduce its CO2 emissions across its value chain, the company said this week.
06 December 2023
Carrie Bone
China ferro-silicon prices fell on the week to Wednesday December 6 due to declining futures prices amid a more cautious market sentiment, while the ferro-silicon export prices remained stable, sources said.
06 December 2023
Jessica Long
