Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
Spot prices of 75%-Si ferrosilicon in Asia this week remained supported by tighter supply and improved demand among some exporters in China. Platts assessed the Chinese spot price at $1,330-1,370/mt FOB China Thursday, slightly higher ...
Tags: ferrosilicon, ferrosilicon prices
The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...
Tags: Shenhua Price, CFR China
The Urals crude market strengthened sharply Wednesday in both Northwest Europe and the Mediterranean as buying interest increased sharply to clear some remaining prompt June cargoes. Differentials for CIF Augusta Urals Aframax cargoes ...
Tags: Crude Oil, crude market
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
China is the world's second largest carbon trading market following the European Union (EU), according to data released on Tuesday. Xie Zhenhua, deputy head of the National Development and Reform Commission, said Chinese enterprises ...
Tags: Carbon, Carbon Trading
Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
The buying surge in rhodium that began two weeks ago during Platinum Week in London ended this week, with would-be buyers heading to the sidelines amid surging prices. The Platts New York Dealer rhodium price tumbled to $1,070-1,130/oz ...
Tags: rhodium, scrap recyclers
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
Spot prices of iron ore for export from Iran continued to fall because of low demand from China, industry sources said Sunday. Prices for 61-62% Fe magnetite fines slipped by $2/dry mt in the last week to $57/dmt FOB Bandar Abbas, south ...
Tags: Iron Ore, Chinese Demand
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Prices for seaborne iron ore strengthened further Wednesday, tracking stronger restocking needs by buyers eager to procure raw materials when the market is recovering. Platts assessed the 62% Fe IODEX at $95/dry mt CFR North China, up ...
Tags: Iron Ore, steel square
Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material