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News & Analysis  - Metals

Feature: Global Steel & Scrap Outlook

August 23, 2016
Prices for Turkish imports of scrap declined in the week ended August 19, The Steel Index reported. The weekly average of its daily reference price for HMS 1&2 80:20 slid by $3/metric ton to stand at $226/mt CFR Iskenderun port, southern Turkey.
Also in this feature
Asian HRC price inches upwards
The prices of internationally-traded hot rolled coil in Asia inched upwards on August 22 on firm offers from Chinese mills and a strong Chinese domestic market.
Special report: Market forces 'driving China’s exports'
The increase in China’s steel exports over the past few years can be attributed to its price competitiveness and not to support from government subsidies.


News Headlines

London (Platts)--25 Aug 2016 851 am EDT/1251 GMT
Molybdenum oxide prices were unchanged Wednesday as market participants continued to keep hold of stocks in anticipation of demand from consumers at higher prices.
London (Platts)--25 Aug 2016 844 am EDT/1244 GMT
The current upturn in coking coal and coke prices alongside firming scrap may be improving the prospects for DRI steel mills accessing lower-priced gas on long-term contracts.
More Headlines

Podcasts

August 12, 2016
Our editors examine the drivers behind gold's 25% gain year-to-date and recent developments in the precious metals market, including the new futures contract announced by the LME.
July 27, 2016
An attempted coup spooked the Turkish steel market, mergers and acquisitions were back in vogue in Europe, while China is looking at some anti-dumping action of its own.
July 22, 2016
The areas being claimed by China are believed to be rich in oil and gas resources, and the South China Sea itself is a crucial transit route for various commodities going to key markets like Japan and South Korea.
All Podcasts

Snapshot Video

EU bans commodity market abuse but delays over MiFID 2 compliance

August 18, 2016 (3:13)

Manipulating commodity markets in the European Union is now a crime. Siobhan Hall explains how EU financial regulations are impacting commodity traders, and what happens next.


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.



The Barrel Blog

August 23, 2016
Paul Bartholomew on how things have changed in the land of the red dust. In Australia, BHP Billiton and Rio Tinto have lifted their boots off the iron ore expansion pedals.
August 22, 2016
On August 5, US sheet producers saw the culmination of many months of work as the US Department of Commerce released its final determinations of countervailing and anti-dumping duties against HRC imports.
August 18, 2016
With a formal impeachment of Brazil’s former president Dilma Rousseff now expected soon, talk has resurfaced of a change of command at Brazilian iron ore miner Vale.
All Blogs


REGIONAL FOCUS

  • Africa
  • Key Africa prices, analysis and news


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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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