World analytics market is full of different kind of forecasts, but mostly unworkable or partly workable. Actually, it doesn’t matter what price will be for raw materials, semifinished products or finished steel products. The target is to calculate the spread between raw materials and steel products. Let’s try to make a forecast from that side.
News ID: 5965 Publish Date : 2019/08/16
UK-South African mining firm Anglo American increased coking coal production in the second quarter after completing longwall moves. Its global iron ore output continued to rise following a restart at the Minas-Rio mine in Brazil.
News ID: 5293 Publish Date : 2019/07/18
This week Chinese steel prices reported continual decline and witnessed significant fall amid pessimistic market sentiments and dull outlook prevailing in domestic market. Also volatile futures lead to further fall in steel prices in China.
News ID: 4801 Publish Date : 2019/06/11
This week Chinese steel prices reported decline over weak trading in domestic market and fluctuating futures. Country’s rebar and HRC export offers remained stable this week. Coking coal offers moved down this week over limited trades from China. However iron ore prices recorded increase towards the weekend.
News ID: 4195 Publish Date : 2019/04/04
This week Chinese steel market remained abuzz with news over reduction of VAT and Tangshan pollution alerts. HRC and rebar export offers moved up over active buying. Billet export offers also inched up this week. Coking coal offers inched up over resumption in buying from China.
News ID: 4083 Publish Date : 2019/03/19
Continuing macroeconomic uncertainty continues to dampen the northwest European hot-rolled coil (HRC) market.
News ID: 3972 Publish Date : 2019/03/11
This week Chinese steel market started on a positive note as nation’s currency Yuan appreciated against USD.This led to price gains in domestic market following increase in export offers from China.
News ID: 3475 Publish Date : 2019/01/29
Seaborne premium hard coking coal prices have further declined this week after the sharp fall last week, as inventories continued to build due to the continued lack of buying interest from end-users.
News ID: 3361 Publish Date : 2019/01/23
Indian Iron & Steel market remained on down trend during the first week of 2019, as the prices dipped owing to lack of domestic & export inquiries. As per participants, the prices significant on down trend as supply is high, than the sluggish demand.
News ID: 3261 Publish Date : 2019/01/14
Japan's JFE Steel has agreed to a first-quarter 2019 contract price of $131/t fob Australia for semi-soft coking coal with Indonesian producer Adaro and Australian mining firm Stanmore Coal.
News ID: 3223 Publish Date : 2019/01/10
This week Chinese steel prices exhibited mixed sentiments amid uptrend in domestic prices towards end of the week and subdued trades in exports. China's HRC export offers moved up slightly.
News ID: 2997 Publish Date : 2018/12/20
JSW Steel - India’s largest steel producing company with an installed steel making capacity of 18 MnT pa announced its quarterly results for Q2 FY19 today.
News ID: 2560 Publish Date : 2018/11/09
This week Chinese steel market consumed with bearish sentiments as China’s Tangshan government released document announcing that categorized mills into four categories - with those meeting the required environmental standards need not to limit production, while others will be required to cut production by 30%, 50% and 70%, respectively.
News ID: 2261 Publish Date : 2018/09/25
This week Chinese steel market was abuzz with news that winter production cuts will be in terms of emissions rather than in terms of production cuts. However no official announcement has been released yet.
News ID: 2222 Publish Date : 2018/09/22
The Iranian coal industry, long underutilized despite its massive potential, is capable of driving the mining sector, boost energy production and create the sorely-needed jobs envisioned in the Sixth Five-Year Development Plan (2017-22).
News ID: 1712 Publish Date : 2017/12/25
According to Chinese customs data released on Tuesday, the country imported 512,000 tonnes of coal – mainly the steelmaking variety – from North Korea in September. Volumes were down 71.6% from the same month last year as Beijing institutes the latest round of UN sanctions on the rogue regime.
News ID: 1478 Publish Date : 2017/10/26
Chinese iron ore futures jumped more than 5 percent on Friday, getting a boost from a rally in steel prices on expectations of more production cuts in the world's biggest steel producer as China intensifies its smog war over winter.
News ID: 1462 Publish Date : 2017/10/22
Prices for iron ore and coking coal, the two key ingredients for steelmaking, are set to remain buoyant for the remainder of the year, Macquarie Bank predicted in a recent report.
News ID: 1262 Publish Date : 2017/09/04
ArcelorMittal South Africa is considering job cuts and restructuring to save costs in a challenging global steel market and recession at home, it said on Tuesday.
News ID: 1218 Publish Date : 2017/08/27
The Northern China import price of 62% Fe content ore jumped again on Monday as the country's steelmakers stoke production ahead of mandated cuts going into winter.
News ID: 1217 Publish Date : 2017/08/27
