Category archives: News

Ferrous Daily Physical Review 15/3/21

Ferrous Market –    Steelbank construction steels inventory 10.29 million tonnes, up 0.35% w-o-w. HRC inventories 3.14 million tonnes, up 4.12% w-o-w. –    Tangshan held a emergent meeting on March 13th, the mayor of Tangshan required manufacturing industry to follow the production curb strictly, to cut 50% of carbon emission. –    China physical coke down 100 …

Continue reading “Ferrous Daily Physical Review 15/3/21”

Ferrous trade weekly review 12/3/21

A total of 0.88 million mt of iron ores was traded for the week ended Mar 12, down 17.01% on-week from previous week trade volumes, due to the stricter output curb in Tangshan. Hence, steel prices continued to rally on reduced production, while demand remained high in China, while iron ore buyers were more cautious …

Continue reading “Ferrous trade weekly review 12/3/21”