Tag archives: SS

FIS Castaway Podcast – Episode 54 12/05/21

    FIS Castaway Podcast – Episode 54   Iron ore is at record highs, driven by insatiable domestic Chinese demand. So, we have renamed it IronCoin in honour of its meteoric rise from last year. Hear all about it and our usual freight and commodity markets on this week’s podcast.     Listen Below: …

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Morning Steel and Scrap Report 11/5/21

Good Morning,   FOB China HRC   The index jumped by $64/t on Monday (10.5.21) to US$1014/t, MTD US$946.17/t.   Shanghai mainstream HRC ex-warehouse prices rose by Yn560/t to Yn6,620/t yesterday on heated market sentiment and active trade. Chinese mills are active in pushing up their export offers to follow the domestic price trend. Three …

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Morning Steel and Scrap Report 10/5/21

FOB China HRC   The index rose by $12/t last Friday (7.5.21) to US$950/t, MTD US$932.60/t.   An east China mill sold 10,000t SAE grade pipe-making coils at $950/t fob last week. Some other deals were heard done at $960/t fob for SS400 HRC, but no further details could be confirmed. Two major Chinese mills …

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