16
Feb
15:14
Ore supply remains restricted, coal prices recovering: Glencore
Glencore says prospects for a significant increase in iron ore supply are limited in the near term, after prices rose to multi-year highs in late 2020. The firm’s iron ore sales fell 12% in 2020 to 57.6 million tonnes.
On coking coal, the firm says improving demand and destocking of coking coal and coke has supported a price recovery in early 2021. This comes after the recovery of steel production outside China in the second half of 2020 provided brief suppo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous