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Platts Steel Archive

October 2016

Iron ore price outlook: Stabilizing or bumpier road in Q4?

October 18, 2016 (3:51)

While iron ore prices have been going up since China returned from its Golden Week holiday, the market does not look all that rosy.


February 2016

What are the prospects for China steel prices following recent rebound?

February 18, 2016 (10:35)

Platts editors examine how sustainable rising Chinese domestic steel prices are, discuss the industry's reaction to antidumping measures and examine the outlook for China's iron ore market.


December 2015

Bangladesh embarks on major steel growth phase

December 21, 2015 (6:13)

Platts editors share insights on the state of Bangladesh's steel and steel raw materials sector, as well as the potential of its steel market given its economic growth prospects.


China-Australia trade deal: Mixed views over impact on coal markets

December 15, 2015 (7:26)

A new free trade agreement will see China's import tariff on certain types of Australian coal reduced in three tranches from December 20.


October 2015

Q4 offers little hope for China's struggling steel industry

October 26, 2015 (6:07)

September and October used to mean robust sales for Chinese steel, but Platts editors are seeing a rather unusual cycle.


US steel scrap markets wonder if Q1 2016 could bring price pickup

October 01, 2015 (4:14)

US steel scrap dealers have been accepting cascading bids since the September buy week wrapped, and mid-month activity means October will be another buyer's market.


September 2015

Atlantic metallurgical coal update

September 15, 2015 (5:45)

Platts steel editors examine US metallurgical coal markets, focusing on Q4 benchmarks and new developments affecting Atlantic coking coal.


European steel raw material price sentiment bearish as market returns from vacation

September 08, 2015 (5:55)

Platts steel editors assess the reasons behind the current weakness afflicting the north European scrap and long product markets, focusing on rebar.


US-bound S Korean steel seen falling on antidumping probe

September 08, 2015 (5:24)

Platts editors look at the potential volume of South Korean exports in 2015 amid an antidumping probe initiated by the US Department of Commerce.


August 2015

US steel scrap prices at six-year lows as dealers look to September

August 26, 2015 (6:09)

The US ferrous scrap market is preparing to enter into negotiations for September after the August buy brought price falls from $20-$30/lt compared to July.


Steel back in black in the EU, but are there storm clouds ahead?

August 19, 2015 (11:32)

Platts steel editorial team assess steel's transatlantic profitability and the specter of antidumping cases as the world comes to terms with resurgent Chinese exports.


Is the Modi magic rubbing off on Indian steel?

August 04, 2015 (6:06)

India's steel sector hopes a re-energized economy, along with Narendra Modi's 'Make in India' strategy, will help it achieve its ambition of trebling steel capacity to 300 million mt/year by mid-next decade.


July 2015

US steel scrap market scrounging for price relief

July 30, 2015 (4:52)

It's sizzling outside, but the US steel scrap market is leaving some cold. Scrap prices dropped during the July buy week, and August may face similar downward pressure.


June 2015

Prices, legislation grab the attention of US steel industry

June 30, 2015 (7:09)

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 (4:29)

Impact of spot met coal price rebound on quarterly negotiations between Japanese steel mills and large mining companies, as well as China's gradual acceptance of seaborne Australian coal.


May 2015

US steel scrap, sheet markets eye possible near-term price bumps

May 28, 2015 (7:30)

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?.


December 2014

Can Modi revive India's steel sector plans?

December 16, 2014 (3:11)

Platts editors discuss the mood among India's steelmakers, plans to significantly lift steel production capacity there, and why India has been importing so much iron ore recently.


November 2014

No surprises seen for South Korean, Japanese steel output for 2015

November 17, 2014 (5:13)

Platts editors discuss how South Korean and Japanese steelmakers have fared so far this year and their prospects for 2015.


October 2014

Chinese steel demand slowdown puts pressure on prices

October 17, 2014 (5:42)

Platts steel editors analyze the latest outlook for steel use in China issued by the World Steel Association and its impact on prices of iron ore and scrap globally.


Lost price momentum changes sentiment for US steel sheet market

October 09, 2014 (3:04)

Dan Hilliard , US steel associate editor, explains why US steel sheet prices have eroded in the past few weeks and discusses where prices may bottom out.


September 2014

China's steel, iron ore markets seen to remain weak over next 3 to 5 years

September 29, 2014 (3:34)

Platts editors discuss the market sentiment in China and the industry outlook on steel production and demand.


August 2014

Iron ore market: Price recovery in tandem with stronger economic growth or more bumpy road ahead?

August 12, 2014 (6:42)

Platts editors discuss why iron ore market players are optimistic about prices for the second half of the year and the closer relationship between the price movements of port stocks and seaborne iron ore.


June 2014

Asian coking coal, iron ore market update

June 09, 2014 (6:07)

Platts' Asia steel team discusses the implications for steelmakers' procurement behavior of low spot prices for coking coal and iron ore, and gives an overview of recent market conditions in the region.


May 2014

Interview: European macroeconomic outlook and the impact on the domestic steel industry

May 15, 2014 (7:35)

Platts interviews Jeroen Vermeij of Eurofer on the state of the European economy; the impact on the largest steel consuming sectors; industry specific issues such as overcapacity; and how steel producers can correct the supply and demand imbalance.


April 2014

Iron ore contract pellet premiums above $40/dmt in Europe

May 07, 2014 (5:33)

Platts' European steel team discusses the recent increase in iron ore pellet premium prices and current market dynamics, along with Platts coverage of developments in the sector.


US steel sheet market still aching from harsh winter weather

April 16, 2014 (4:35)

Mike Fitzgerald explains how the transportation of iron ore has been delayed by icy conditions in the Great Lakes, which in turn has kept steel producers from operating at full capacity.


March 2014

Interview: China Metallurgical Industry Planning & Research Institute on outlook for steel indus

March 27, 2014 (4:57)

Platts interview with Li Xinchuang, President, China Metallurgical Industry Planning & Research Institute and Member, China Iron & Steel Association on how the country's steelmakers are expected to react to the issue of regulated pollution controls and the long term outlook for steel demand and prices.


Chinese steel prices wobble on state measures against air pollution

March 04, 2014 (4:24)

Two measures against air pollution in China are affecting the steel industry. Platts Asia steel tam discusses and shares data on steel and iron ore price trends.


February 2014

Steel long product segment slips to recent lows

February 18, 2014 (5:21)

Platts European steel editors on how the long-rolled steel segment has slumped to recent record lows in 2014, due largely to emerging markets' slowdown and oversupply in the MENAT/CIS regions.


More transparency as iron ore market moves towards derivatives?

February 18, 2014 (3:05)

Li Hongmei discusses e-trading options and emerging derivative products, and their possible impact on iron ore prices and market participants.


January 2014

World's steel overcapacity affects producers' margins

January 29, 2014 (4:58)

Platts European steel editors discuss the effects of overcapacity on the steel market and look ahead to what 2014 will be like for the global steel industry.


India shifts focus to CRC facing HRC supply shortage

January 24, 2014 (5:05)

Hot-rolled coil faces supply shortage for the first time in a decade. Clement Kwok shares the outlook for Indian steel with the elections looming near, and the impact of new developments in the market on product prices.


US domestic scrap prices still heading up

January 16, 2014 (3:45)

Nicholas Tolomeo, Platts associate editor raw materials, delves into the US domestic scrap market, including the affects of cold weather on pricing and exports to Turkey.


Iron ore price dips as market takes stock after Australia cyclone

January 03, 2014 (3:45)

Keith Tan discusses the aftermath of Tropical Cyclone Christine in the Pilbara and its impact on iron ore prices and export volumes, and market opinions on where prices are headed.


November 2013

MENA trade sanctions: Iran and Egypt could change steel market's complexion

November 28, 2013 (4:53)

Platts European steel editors discuss the changes to the long-rolled steel market made possible thanks to announcements relating to trade with Egypt and Iran in the last week.


Indian steel outlook: Rural demand a key pillar in boosting market?

November 22, 2013 (6:10)

Clement Kwok discusses the possible impact of political instability on the Indian steel market and key drivers that will boost the industry in coming months.


October 2013

US ferrous scrap market buoyed by US East Coast export

October 23, 2013 (3:23)

Nicholas Tolomeo talks about an idled steel plate mill and the anticipation for November settlements.


Lower prices depress Vietnam's hot rolled coil market

October 22, 2013 (3:47)

Anna Low examines reasons behind depressed market sentiment in Vietnam's HRC market and the outlook for steel in coming months.


September 2013

China’s steel market outlook on a slowing economy

September 30, 2013 (7:02)

China's economy has shown a slowdown in the past two years. Platts Asia steel team discusses the outlook for the steel industry in the next five years.


US steel sheet prices begin to fall

September 26, 2013 (4:36)

Dan Hilliard, flat-rolled steel editor, examines how steel sheet prices have begun to slide from their peak, possible tension between mills and service centers, and the outlook for the 4th quarter as far as pricing is concerned.


Overcapacity, anti-dumping suits continue to frustrate China's stainless steel industry

September 16, 2013 (4:36)

Vivian Teo, markets editor, discusses how two prominent issues brought up at the 8th China International Stainless Steel Congress held in Shanghai might affect the Chinese stainless steel industry.


August 2013

Flat-rolled steel outlook for the rest of 2013

August 29, 2013 (2:42)

Dan Hilliard describes the market sentiment in regards to when or whether pricing will escape its current rut, flat-rolled imports, and the effect on buying patterns of low market confidence.


Resource nationalism extends to Indian iron ore-rich states

August 07, 2013 (5:37)

Platts Asia steel editor Anitha Krishnan looks at how it has become difficult for India's steelmakers to access local ore resources despite the huge reserves.


July's iron ore, coking coal price increase in focus

August 02, 2013 (7:28)

Platts European steel team discusses higher pricing in iron ore and coking coal markets in July compared to June's lows and the outlook in the market for the remainder of the year.


June 2013

Recent recovery in Turkish ferrous scrap; impact on EU

June 26, 2013 (5:27)

Platts European steel team discusses the recent recovery in Turkish ferrous scrap prices; assess whether it has had any impact on the region's longs, flats markets.


US ferrous scrap market price fluctuations

June 19, 2013 (3:28)

Nick Tolomeo discusses the US domestic scrap market, particularly Turkish activity in the US and a look ahead to the July scrap market.


May 2013

Have Asian met coal prices bottomed out?

May 03, 2013 (3:31)

Julien Hall, Platts' team leader for steel raw materials in Asia examines the reasons for plummeting met coal prices and discusses recent pricing trends in the Asian market.


April 2013

Ilva case: Constitutional Court approves Taranto rescue; steel products still to be released

April 19, 2013 (4:37)

Annalisa Villa, Platts metals market editor, discusses the latest news surrounding the complex legal case involving Italian steelmaker Ilva and the impact this has had on the European steel market.


US scrap exports slow and prices drop

April 18, 2013 (3:58)

Nick Tolomeo discusses takeaways from the ISRI convention, reasons behind quiet activity in ferrous scrap exports, and why the scrap price has been falling after a price hike last month.


Could Fomento's recent spot iron ore sale spark new floating price trend?

April 17, 2013 (3:53)

Platts Asia steel team discusses Fomento's recent iron ore sale priced against Platts assessment, and the possibility that it could spark a floating price trend.


March 2013

Coking coal prices settle for Q2, iron ore demand volatile

March 21, 2013 (3:53)

Platts' Asia steel team comments on recent coking coal price settlements and the volatile demand for iron ore in Q2.


February 2013

Why the recent fall in Asian metallurgical

February 26, 2013 (4:16)

Platts' Asia steel team discusses the reasons behind the sharp dip in Asian metallurgical coking coal prices this and last week, and assess the implications for long-term contract negotiations.


What lies ahead for the US scrap market in 2013?

February 20, 2013 (6:01)

Nick Tolomeo examines the US domestic scrap market so far in 2013, including the effects on finished steel pricing and other steel-intensive markets


Cautious optimism over coking coal demand in 2013: Coaltrans

February 06, 2013 (4:48)

Hector Forster comments on views heard from the Coaltrans USA conference in Miami; assesses coking coal spot prices in the Atlantic & Asia-Pacific regions.


Major steel players restart key blast furnaces despite low demand

February 01, 2013 (8:15)

Emanuele Norsa, Platts team leader for European steel, assesses the situation surrounding several steel players' decision to restart a significant amount of idle capacity, despite sluggish demand in the market.


January 2013

US steel mill price increases expected to keep prices from falling

January 24, 2013 (3:48)

Christopher Davis, senior managing editor, Americas metals markets, discusses the US sheet market, which is considered an overall bellwether for the health of steel industry in general; demand for flat products; and the scrap market so far in January.


December 2012

Implications of China removing 40% export tax on metallurgical coke

December 20, 2012 (5:46)

Julien Hall, Platts' team leader for steel raw materials in Asia, and Edwin Yeo, editor for coking coal and coke, discuss the removal of China’s 40% export duty on metallurgical coke from Jan 1, 2013 and its implications on the market.


Coking coal settles for Q1, iron ore up on China macro

December 10, 2012 (4:38)

Hector Forster assesses the Q1 2013 coking coal benchmark price heard agreed last week; implications for US producers and the European market; the recent rally in iron ore physical and swaps prices.


November 2012

How has Chinese restocking of met coal affected the Asian markets?

November 22, 2012 (5:09)

Platts' Asian steel editor, Julien Hall considers the reasons why pricings of met and coking coal have taken an upswing recently, as well as discusses the latest in steel contract negotiations.


October 2012

Coking coal markets and impact of weak thermal demand

October 25, 2012 (6:28)

Platts' Hector Forster and Gareth Carpenter discuss thermal coal demand trends and the implications on coking coal prices following the Coaltrans World Coal conference in Istanbul.


Australian iron ore producers under pressure from falling prices

October 25, 2012 (6:28)

Platts senior editors Russ McCulloch and Paul Bartholomew, discuss the current sentiment of Australian iron ore producers, as well as how weaker prices are putting pressure on magnetite projects.


How will the recent Nippon-Sumitomo merger affect Asian steel markets?

October 02, 2012 (7:30)

Platts' Asian steel editor, Julien Hall, catches up with Russ McCulloch, senior managing editor, to discuss the recent merger of Nippon Steel and Sumitomo Metal Corp earlier this week.


Shredded scrap, flatrolled markets trending downward

October 01, 2012 (4:30)

Analysis of the first big shredded scrap transaction for October mill requirements and an update on the domestic flatrolled market.


September 2012

US coking coal market still weak, iron ore volatile

September 02, 2012 (4:55)

Platts' steel raw materials team in London talks about coking coal prices and sentiment following the Platts Coal Marketing Days conference in Pittsburgh.


Examining the reasons for low coking coal prices in Asia

September 18, 2012 (6:12)

Platts assistant editor for coking coal Edwin Teo, looks at why coking coal prices have dropped, even as other steel raw materials such as iron ore have seen rebounds.


Chinese impact on Middle East, North Africa steel markets

September 06, 2012 (4:45)

Platts associate editor, Ciaran Roe, on the effect of increased Chinese presence in Middle Eastern and North African construction steel markets following a slowdown in the Asian steel-producing giant’s local market


India's new regulations give steel markets new headache

September 06, 2012 (7:33)

Platts associate editor for India steel news, Anita Krishnan, looks at India's new steel quality control regulations, and how it will affect the markets.


August 2012

Ilva seizure brings uncertainty to European coil market

August 10, 2012 (5:47)

Annalisa Villa discusses the the seizure of the hot end of Ilva's Taranto steelworks after its failure to meet environmental standards; and the potential effect on supply in the steel coil market.


Weak iron ore prices could hurt Australian miners' expansion plans

August 08, 2012 (6:07)

Platts steel managing editor Paul Bartholomew gives his thoughts on how recent weak iron ore prices could have an impact on the expansion plans of Australian miners.


July 2012

Eurofer: Steel demand prospects bleak until Q2 2013

July 18, 2012 (6:41)

Annalisa Villa, associate editor, Platts steel London, discusses the latest market outlook of Eurofer, the European steel association, with no recovery in steel demand expected until Q2 2013 onwards; and the impact of weak demand for flat products on Europe's automobile industry.


Indian steel producers maintain prices despite global downturn

July 18, 2012 (8:53)

Platts senior editor for metals, Russ McCulloch ,speaks to associate editor Anitha Krishnan, about the challenges facing Indian steel producers, especially with global and domestic demand suffering a downturn.


June 2012

US steel market could see upturn soon

June 29, 2012 (3:46)

Christopher Davis, managing editor, SBB, Americas, discusses how buyers and market analysts predict further downward pricing pressure, the trend of scrap prices softening, and recent announcements of US mills for sale.


Global coking coal prices assessed; Bearish mood at Coaltrans

June 29, 2012 (5:55)

Hector Forster, team leader for steel raw materials in London, updates us on coking coal prices; assesses events in the iron ore market; and examines the main topics of discussion at the Coaltrans Brazil conference.


Scrap market ticks up after Turkish mills sell domestically

June 22, 2012 (4:35)

Ciaran Roe, European markets reporter for Platts SBB details the recent uptick in scrap prices into Turkey after mills there began a local rebar selling spree.


May 2012

US flat steel sector sees falling prices and industry shakeup

May 31, 2012 (3:54)

Christopher Davis, managing editor, SBB, Americas, discusses developments at two high-profile steel companies and the outlook for sheet products and production.


Eurozone's economic woes & low demand in automotive & construction sectors dampens steel mar

May 24, 2012 (6:38)

Emanuele Norsa, Platts' team leader for European steel assessments, discusses the divided Q3/Q4 outlook amongst the major industry players at Platts SBB European steel conference.


Level of Asian coking coal contract prices finally gains clarity

May 04, 2012 (5:12)

Platts' team leader for steel raw materials, Julien Hall, gives an update on the coking coal market, as well as the latest spot and contract prices in Asia.


April 2012

Assessing Vale's view on iron ore shipments, global demand outlook

April 27, 2012 (6:49)

Hector Forster assesses Vale CFO Tito Martins' views regarding iron ore shipments and global demand outlook, its changing sales structure and view about new trading platforms.


What are the reprecussions of BHP's recent declaration of force majeure?

April 09, 2012 (4:47)

In this podcast, Elzbieta Rabalska, senior editor with the Platts Price Group, finds out from Julien Hall, Asian Steel Editor, about the latest developments in the coking coal market, especially in light of BHP Billiton's recent declaration of force majeure.


March 2012

Iron Ore and coking coal prices stable so far in 2012

March 08, 2012 (8:10)

Francis Browne, Director of metals prices, and Annalisa Jefferies, Platts senior managing editor for steel markets, discuss why both coking coal and iron prices have remained relatively constant so far this year, despite a rise in demand; the popularity of lower grade steel coming from Goa; and why many in the steel market expect there to be a reduction in iron ore exports from India this year.


Posco settles Q2 coking coal contracts with Teck

March 02, 2012 (4:45)

In this Platts podcast, Keith Tan, managing editor for steel raw materials, and Celestyn Wong, associate editor, discuss Posco's settlement of Q2 hard coking coal contracts with Canada's Teck.


February 2012

Rise in steel raw materials as mills re-stocks

February 23, 2012 (14:16)

In this podcast, Annalisa Jeffries, Platts senior managing editor for steel markets, and Ciaran Roe, steel editor EMEA, discuss the recent rise in scrap and iron ore spot prices as mills re-stock and tight supply of scrap pushes spot prices upwards


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