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Global Scrap Markets Prepare for a Post-Summer Demand RecoveryCovering iron ore, finished and semi-finished steel, and scrap grades, ferrous metals pricing intelligence provides critical clarity across volatile global supply chains. Navigating the global ferrous market requires balancing broad international trade shifts against local pricing pressures. This is especially true as raw material volatility tightens margins and strains purchasing...0 Comments 0 Shares 61 Views 0 Reviews
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Iron Ore Market: The Changing Economics of High-Grade Iron OreIron ore is one of those commodities where the headline market size tells only part of the story. Prices fell nearly 30% during the first quarter of 2024 as concerns over weakening Chinese demand weighed on the market, and they remained below the USD 100-per-ton level for much of the year. By the end of 2024, prices had recovered to an average of approximately USD 117 per ton, helped by efforts...0 Comments 0 Shares 17 Views 0 Reviews