21
Apr
01:00
Slow China growth, oversupply to depress iron ore, coking coal prices till 2017
Slower steel production growth in China and “rampant” global oversupply will keep prices of iron ore and coking coal depressed through at least 2016, according to Moody’s. Reduced costs resulting from low oil prices and the depreciation against the dollar in key raw materials producing countries, such as Australia and Brazil, are seen resulting in slower rationalisation on the supply side.
Despite slowing steel demand growth in China and Br…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous