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Iron Ore Rises: Freight Supports Prices, But Chinese Margins Restrain The Rally
Seaborne iron ore prices increased on Thursday September 3, supported by the recent surge in ocean freight rates and rising futures on the Dalian and Singapore exchanges. Growth nevertheless remained constrained by weak steel prices and the fourth consecutive coke...
Steel Slab, Italian Import Prices Rise: Chinese Offers Move Toward $580-590
Prices for steel slab imported into Italy increased in the week ending Thursday September 3, supported by higher steelmaking raw material costs in China and the gradual recovery in activity following the summer break. Chinese offers were reported within a very broad...
European LDPE Moves At Two Speeds: Spot Rises By €40, Contracts Remain Stable
The European low-density polyethylene market showed a mixed performance during the week. LDPE spot prices continued to rise, supported by reduced availability of material for prompt delivery, while contracts in the main continental markets remained broadly unchanged....
European Long Steel Stable, But Rising Costs And Weak Demand Increase Uncertainty
European long steel prices remained largely stable in the week ending Wednesday September 2, but behind the apparent lack of movement in prices, the market continues to show a fragile structure. Demand remains weak, buyers are maintaining a wait-and-see approach and...