Import share, as a proportion of apparent finished steel consumption, in the EU, has been on an upward trend for several years. However, this largely remained below 20 percent, prior to 2018. The US government’s application of Section 232 tariffs, from March 2018, disrupted international trade flows. This caused concern amongst many steelmakers, in the…
The Fastmarkets MB 65% Fe Brazil-origin iron ore fines index, first published in January 2014, was launched with a six-month published price history. This data, dating to August 2013, was calculated internally prior to the index’s launch. Due to a technical issue, the data series found in Price Book and Fastmarkets’ Excel Add-In only extended…
Tata Steel may look at commercial mining as a business opportunity, drawing on its expertise in the exploration and production of coal and iron ore for more than a century. The company is exploring the possibility of entering the merchant mining space and bidding for mines when they are put up for auction. Mr Koushik…