Last week steel prices in China recovered somewhat, supporting an increasing sentiment across the globe. Iron ore prices surpassed on the 27 April the $67/t cfr Qingdao, according to Kallanish’s price index, over $2/t above mid-April’s bottom. The rebound supported a recovery in Chinese finished steel prices as well as …

Last week steel prices in China recovered somewhat, supporting an increasing sentiment across the globe. Iron ore prices surpassed on the 27 April the $67/t CFR Qingdao, according to Kallanish’s price index, over $2/t above mid-April’s bottom. The rebound supported a recovery in Chinese finished steel prices as well as …

This year the world is set to accelerate its steel demand growth despite the fact China has probably reached its peak and will soon start showing signs of demand correction. Last week the World Steel Association (worldsteel) published its outlook indicating that global demand is set to grow 1.3% y-o-y …

Coking coal prices have more than doubled since the beginning of April due to the supply problems linked to the disruptions created in Australia by Cyclone Debbie. Last week, the price of Australian coking coal surpassed $300/t fob and reached its highest level since 2011.