News & Analysis  - Metals


Prices, legislation grab the attention of US steel industry
June 30, 2015
US steel scrap and wire rod markets saw lifts recently and major trade developments from this week are being hailed by the industry as beneficial to domestic production.
What's driving Asia's spot met coal price rebound?
June 25, 2015
Rebound in Asian metallurgical coal spot prices, its impact on quarterly negotiations between Japanese steel mills and large mining companies, as well as China's gradual acceptance of seaborne Australian coal.
US steel scrap, sheet markets eye possible near-term price bumps
May 28, 2015
The US steel scrap market has recently seen low prices, and sheet market has had a months-long steady decline. Which factors will raise prices?
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Feature: Steel Raw Materials Outlook

June 30, 2015
The Australian government has lowered its forecast on average iron ore prices in 2015 to $54.50/mt FOB, down 10% from $60.40/mt FOB earlier, according to the Department of Industry and Science's latest quarterly update released June 30.
Also in this feature
Big fall makes noise in Turkish scrap market
Turkish scrap import prices tanked June 29 as a week-long silence gave way to talk of much lower numbers.
Atlantic met coal buyers hope for further declines
Atlantic basin met coal buyers are seeking even lower prices after the third quarter benchmark settlement at $92/mt FOB Australia amid slack demand, sources said June 29.
Moly oxide stabilizes but upside limited
Molybdenum oxide prices were broadly stable June 29 as sentiment remained marginally more optimistic after an upturn in buying interest late last week.

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News Headlines

Mexico renews countervailing duty on cold-rolled coil from Russia, Kazakhstan
Sao Paulo (Platts)--1 Jul 2015 535 pm EDT/2135 GMT
The countervailing duty applied to Mexican imports of cold-rolled coil from Russia and Kazakhstan was extended by five years after a review, Mexico's Ministry of Economy said Wednesday.
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Price Focus

Buying appetite in the Asia Pacific metallurgical coal market was lackluster on Nov 24 despite China's central bank cutting interest rates in a bid to boost the country's sluggish economy. Sentiment was weak, with many buyers cautious about their short-term procurement requirements. Most participants indicated they were not keen on taking December-loading cargoes as inventories were still high, though interest for January cargoes appeared better.

Steel Infographic

Platts steel team tasked our design and production department to take a wealth of steel raw materials data and transform those freshly mined (sic) numbers into something visually engaging. In this post we present you with the very interesting results. Derived from a variety of company sources and our own Steel Markets Daily and Steel Raw Materials Monthly publications, we’d like to hear your thoughts on the significance of the numbers for the global steel industry.

The Barrel Blog

June 17, 2015
The Western world's steelmakers have joined together to effectively tell China to back off, urging their home countries to take action against the world’s largest steelmaker.
June 12, 2015
LME warehouse queues at two locations have fallen below the 400-day level for the first time since the exchange started releasing queue data in April 2014.
June 11, 2015
Since the start of 2015, molybdenum has moved in a very narrow range. What changed this year to create this new pattern?
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Steel, Ferrous Scrap, Ferroalloys and Noble Alloys methodologyPublished December 2014

The Steel, Ferrous Scrap, Ferroalloys and Noble Alloys guide contains the primary specifications and methodologies for Platts Steel and Ferrous Scrap global catalogue of price assessments.

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