Category archives: Products

Ferrous Daily Physical Review 1/3/21

Ferrous Market –    In the year 2020, China crude steel production 1.06 billion tonnes, up 7% y-o-y. Steel production 13.25 billion tonnes, up 10% y-o-y. China export 53.67 million tonnes of steel, down 16.5% y-o-y. Import steel 20.23 million tonnes, up 19.8% y-o-y. –    Steel bank construction steel inventory 9.81 million tonnes, up 9.14% w-o-w. …

Continue reading “Ferrous Daily Physical Review 1/3/21”

Ferrous trade weekly review 26/2/21

A total of 740,000 mt of iron ores was traded for the week ended Feb 26, as the market welcomed the return of Chinese trade participants from holidays. During the week, the trading activities began sluggishly and thinned as mills gradually resumed to the full operation capacity to pre-holidays level. Nevertheless, the PBF accounted the …

Continue reading “Ferrous trade weekly review 26/2/21”