News & Analysis  - Metals


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?
China's slowing economy 'zombifies' its steel industry, as optimism creeps into US scrap
May 21, 2015
Platts steel editors look at the economically challenging global landscape for metals, and explain how raw materials are impacting pricing and the outlook for finished steel goods.
Lackluster Turkish demand for petcoke, scrap maintains soft Supramax freight rates
May 06, 2015
Examining the impact low Turkish demand for petcoke and scrap metal has had on the freight cost of shipping both commodities to Turkey during 2015.
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Feature: Iron ore bear market

May 26, 2015
The end of iron ore's bull run, in part due to slowing Chinese demand, has drastically cut prices, and smaller companies and mine service companies are bearing the brunt of the changes.
Also in this feature
Lower iron ore production costs necessary to conserve diminishing margins
It is a general rule of thumb that the higher the throughput volume, the lower the unit cash costs.

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News Headlines

UK car production exceeds 500,000 in Jan-Apr, April dips: SMMT
London (Platts)--28 May 2015 732 am EDT/1132 GMT
Car production in the UK surpassed 500,000 units for 2015 in April, with 530,505 new cars built in the first four months of the year, the Society of Motor Manufacturers and Traders said Thursday.
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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

May 21, 2015
The next 'leap second' event will occur on June 30, 2015. Will the world as we know it change in the blink of an eye?
May 20, 2015
The failure of the nickel market to enter a global deficit is highlighted by the large buildup of inventory in London Metal Exchange warehouses, says Greg Smart.
May 12, 2015
The 'all-in' price has fallen on the back of lower global premia, while the LME aluminum cash price has largely remained unchanged.
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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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