News & Analysis  - Metals

Feature: Global Steel & Scrap Outlook

May 31, 2016
Black Sea sales of ferrous scrap into Turkey pressured the deep sea market at the close of the week's trade, sources said May 27. The bulk market remained comatose, with no trade visible since the start of the month at $330/mt.
Also in this feature
Asian HRC prices slide though Chinese mills withdraw offers
Spot prices of internationally-traded hot rolled coil in Asia eased May 30, though several Chinese mills were said to have withdrawn offers.
Asian rebar holds steady amid uncertainty in China market
Spot prices of regionally-traded rebar in Asia held steady on May 30 for the third straight business day as trading was almost stagnant.

News Headlines

Singapore (Platts)--31 May 2016 425 am EDT/825 GMT
China's alumina output in 2016 is expected to reach 61 million mt, up 5.2% from realized output of around 58 million mt in 2015, an analyst from state nonferrous information division Beijing Antaike said Tuesday.
Tokyo (Platts)--30 May 2016 615 am EDT/1015 GMT
Two traders agreed to set the third quarter contract premium for aluminum imports into Japan at $81/mt plus London Metal Exchange cash CIF Japan Monday, steeply below Rio Tinto Japan's offer at $110/mt plus LME cash CIF Japan.
More Headlines

Snapshot Video

Glass half full: the bearish dry bulk market may yet offer opportunities

May 26, 2016 (3:37)

The dry bulk freight market is suffering its worst period in decades. However, even this bearish environment can bring some interesting opportunities for the right shipping players.

The Barrel Blog

May 27, 2016
Gold headed lower over the duration of the week started May 23. So, is the bull run over or just getting going? Attitude last week was certainly mixed.
May 25, 2016
When it comes to learning lessons from the past about the importance of strong shipping links and even stronger logistics, there is no doubt: all roads still lead to Rome.
May 13, 2016
After a painful 2014 and 2015, Chinese iron ore and steel markets have shown a small sign of revival-at least that is what the SGX Singapore Iron Ore Forum (SIOF) had told its audience of over 300 people on May 19.
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Price Focus

The seaborne iron ore market ended the trading week March 18 on firmer ground, as positive steel performance provided support. Buying interest appeared to gain further traction in the spot market, as more mills reappeared with replenishing needs.

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.


Seb holds on to his hat as steel market turns downward
May 25, 2016
- This month our motley metals crew assesses China's collapsing steel market and what the impact has been in the US and Europe.
Will China's commodity exchanges be able to create international commodity benchmarks?
May 16, 2016
- China's commodity exchanges such as the Dalian Commodity Exchange and the Shanghai Futures Exchange may be closed to international participants, but their influence on global markets is undeniable.
Steel price rally continues: when will it end?
April 22, 2016
- Centered on the strength in the domestic Chinese market, steel mills are forcing up prices around the world. The Meltdown boys trying to figure out why and for how long this price rally will continue.
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Steel, Ferrous Scrap, Ferroalloys and Noble Alloys methodology

Published March 2016

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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