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Analytics
Weakening demand will negatively affect quotations of steel raw materials
The first decade of March did not bring significant changes in prices for pig iron. The attempts of traders to raise prices were not supported by...
In March, the rise in prices for metallurgical products in all markets will increase - Ukrpromvneshexpertiza
The downward trend that began in January and lasted for more than a month and a half in the regional long-haul markets began to weaken and prices...
Spread between raw materials and high strength alloy steel in Europe increased in price
Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...
Increase in prices is forecasted in the markets of steel raw materials - Ukrpromvneshexpertiza
The second half of February did not bring any changes in the prices of pig iron in all regional markets. Exporters did not find points of contact...
Troy ounce of gold will drop $ 500 in two years - Fitch
Gold will continue to rise in price, but at the beginning of next year there will be a turning point and an ounce of precious metal will cost about...
Global iron ore production growth to outstrip cumulative production in India and Russia - Fitch
Fitch forecasts global iron ore production to grow at an average 2.4% in 2021-2025. compared with a negative 2% in the previous five years....
Fitch Ratings Warns of “Shocking Impact” on Fossil Fuel Exporters
International policy commitments to limit climate change by reducing greenhouse gas emissions, rapidly dropping the cost of renewable energy sources...
Raw material prices rise by about 10.5% in January 2021 - Deutsche Industriebank
The world has entered an era of total shortage of raw materials and components, which was caused by a disruption in logistics as a result of a...
JP Morgan Analysts Announce New Super Growth Cycle in Commodities
The commodity market has seen four such supercycles over the past 100 years, the last of which began in 1996 and peaked after 12 years of growth in...
S&P Global Platts predicts first drop in domestic steel demand in China in 5 years
A drop in demand may cause a revival of previously shutdown capacities producing cheap and low quality steel, launching a new round of...
Global steel price increases will be short-lived - Fitch Ratings
The restart of metallurgical capacities stopped during the pandemic and a drop in car production due to a shortage of chips create preconditions for...
Downward price trend begins in steel markets
The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and...
British analysts note "bearish" sentiment in the global steel market
Bearish sentiment has become increasingly dominant in regional markets as the Lunar New Year celebrations draw near, marking the Chinese Year of the...
Gold demand drops below 4,000 tons for the first time since 2009 - World Gold Council
Consumer demand for gold in the world in 2020 fell below 4 thousand tons and was at the lowest level in the last 11 years, follows from the report of...
China will overtake the United States to become the world's largest economy in 2028
The COVID-19 pandemic and the corresponding economic consequences have tilted rivalry between countries in China's favor....
The shortage in the US steel market will last at least until the end of the first quarter of 2021
The average US metallurgical capacity utilization at the end of 2020 is 67.4 percent, up from 79.8 percent in the same period in 2019. There are...
Steel production in China to surpass one billion tons this year
It is now quite clear that by the end of 2020, the production of steel in China will be more than 1 billion tons. The market says it will grow even...
Iron ore prices hit seven-year high and continue to rise
The construction boom in China amid complicating relations with Australia, the country's largest supplier of iron ore raw materials, and a reduction...
Prices for metallurgical raw materials continue to rise in regional markets
Analysts of Ukrpromvneshekspertiza predict an increase in prices for pig iron and scrap metal, which will lead to a new increase in prices for...
The world market for rare earth metals will grow by 10.4% per year
China is the main producer and consumer of rare earths....
Fitch: metallurgists will return to their previous volumes by the end of 2022
Fitch Ratings forecast for 2020 - 745 million tons of steel, for 2021 - 815 million tons, and the level before the pandemic will be reached by...
European Union scrap collectors worried about possible export restrictions
The European Union may restrict the export of scrap metal as part of the ongoing revision of the rules for the transport of waste. Metallurgists are...
Occupational diseases of workers in the extractive industry: types and ways to minimize
The largest number of cases of occupational pathology is recorded among workers in underground iron ore mining, which is 9.4 times higher than among...
Eurofer expects recovery in EU steel demand
Apparent steel consumption in the EU fell (-25.5%) y /y in the second quarter of 2020 after falling (-12%) in the first quarter. This was the...
Hot rolled carbon steel demand will continue to grow by 4% pa until 2030
Key players on the hot-rolled carbon steel market: Nucor Corporation, ArcelorMittal, United States Steel Corporation, Baosteel Group, AK Steel...
Platts Steel Trade Review: China Will Decide Asia's Fate
Asia has experienced significant volatility in steel prices in recent winter seasons, driven by China's industrial policy....
Dolomite powder market to reach USD 33.44 billion by 2027
The explosive growth in the steel and steel industries is expected to expand business opportunities in the market during the forecast period....
Iron ore prices to surpass six-year high soon
Leading brokerage firms are racing to change their forecasts for the iron ore market after China continued to increase steel production and rolled...
World Oil Demand Peak May Be Over - BP
the global consumption of liquid hydrocarbons after the Covid-19 pandemic will recover to its previous level and “will remain generally at 100...