Section: Analysis

Steel Market Update is pleased to share this Premium content with Executive level members. For more information on how to upgrade to a Premium-level subscription, email Info@SteelMarketUpdate.com. Key Market Indicators showed a substantial improvement in market trends in the December data. This report is designed to be a big picture summary of data SMU has […] The post SMU Analysis: Key Market Indicators through December appeared first on Steel Market Update.

Key Market Indicators showed a substantial improvement in market trends in the December data. This report is designed to be a big picture summary of data SMU has reported in detail during the month. It summarizes 36 data streams that describe the state of the steel market and provide forward guidance for steel buyers and […] The post SMU Analysis: Key Market Indicators through December appeared first on Steel Market Update.

In Q3 2019, Vietnam was second only to Turkey as a buyer of scrap on the global market. This Steel Market Update quarterly analysis uses data from the Iron and Steel Statistics Bureau (ISSB) in the UK. We believe that to improve our understanding of the gyrations of the domestic scrap market, we should be […] The post Global Scrap Market: Vietnam Now Major Scrap Buyer appeared first on Steel Market Update.

In Steel Market Update’s latest raw materials report, Table 1 summarizes the price changes through Dec. 18 of the five materials considered in this analysis. It reports the month/month, 3 months/3 months and 12 months/12 months changes on a percentage basis. Four of the five materials under consideration had a positive price movement in December. […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

By CRU Senior Analyst Ryan Smith and Senior Consultant Sarah Macnaughton, from CRU’s Crude Steel Market Outlook Climate change is moving up the political agenda and putting increasing pressure on heavy industry to reduce their CO2 emissions. As the largest producer of global industrial CO2 emissions, the steel sector has a clear role to play in meeting […] The post CRU: The Immense Decarbonization Challenge Facing the Steel Industry appeared first on Steel Market Update.

In the last month, the prices of three of the five raw materials tracked by Steel Market Update in this report declined, one advanced and one was unchanged.   Table 1 summarizes the price changes through Nov. 20 of the five materials considered in this analysis. It reports the month/month, 3 months/3 months and 12 months/12 […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

This report is designed to be a big picture summary of data SMU has reported in detail during the month. It summarizes 36 data streams that describe the state of the steel market and provide forward guidance for steel buyers and sellers. See the end of this piece for an explanation of the Key Indicators […] The post SMU Analysis: Key Market Indicators through November appeared first on Steel Market Update.

By CRU Senior Analysts Ryan McKinley (USA), Ryan Smith (Australia) and Erik Hedborg (UK) Part three of our three-part series: What’s next for U.S. iron ore production? In parts one and two of our series, we examined the U.S. iron ore industry and reviewed recent market developments. We also explored the dependency of U.S. iron […] The post CRU: How Will U.S. Iron Ore Grow? Scenarios for the Future appeared first on Steel Market Update.

Compared to three months ago, all five of the raw materials prices considered in this report declined in October. Compared to September, there was a recovery in the prices of coking coal and zinc. Table 1 summarizes the price changes through Oct. 16 of the five materials considered in this analysis. It reports the month/month, […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

Raw materials prices were erratic in September with four of the five considered here experiencing price reversals since August. Table 1 summarizes the price changes through Sept. 25 of the five materials considered in this analysis. It reports the month / month, 3 months / 3 months and 12 months / 12 months changes on […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.