News & Analysis  - Metals

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Raw material markets stabilise while steel producers seek to maintain margins

December 18, 2014 (6:08)

Mark Wiggett, editor for Platts Global Market Outlook, assesses key developments in the global steel raw material markets in November and early December.


News Headlines

Chilean market resists rebar price hike
Sao Paulo (Platts)--18 Dec 2014 110 pm EST/1810 GMT
The price elevation of 5% announced by Chilean steelmakers for all rebar orders in the second half of November did not materialize for most of the negotiations occurred since then, sources said Thursday.
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Feature: Steel Raw Material Outlook

December 09, 2014
Spot iron ore prices softened December 8 as tight credit dampened already weak demand.
Also in this feature
Molybdenum trading thin amid China tax policy uncertainty
Uncertainty over Chinese export tax policy continued to limit molybdenum spot trading, December 9.

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The Barrel Blog

November 20, 2014
The initiation of the "Carnegie Way transformation journey" by US Steel last year must have given its employees pause. Andrew Carnegie was a notorious cost-cutter who valued efficiency above all else.
November 05, 2014
We are witnessing the escalation of a materials Battle Royale with the advent of Ford’s aluminum body and bed F-150 pick-up truck. .
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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.


Podcasts

Can Modi revive India's steel sector plans?
December 16, 2014 - Platts editors discuss the mood among India's steelmakers and why India has been importing so much iron ore recently.
Looking ahead: Evolution of alumina trade dynamics
December 10, 2014 - Platts editor Sui Ling Phang discusses the alumina market's behavior in 2014 and the factors that will likely affect its trade dynamics in 2015.
What's next for nickel prices after the boom and crash in 2014?
December 04, 2014 - Vivian Teo, Platts steel markets editor, talks about the implications of the drop in nickel pig iron production to the global nickel supply and prices.
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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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