Coal market // Week 33

August 25, 2023

            Thermal coal prices keep going up on the West European market, although trade remains dull in the region. Not a single fresh deal has been reported this week.

Iron ore market // Week 33

August 25, 2023

            Iron ore prices have started rising again amid expectations of the upcoming steel output splash in China as well as due to small iron ore stockpiles at local ports

Steel scrap market // Week 33

August 25, 2023

            Large Turkish metallurgical enterprises started actively buying imported steel scrap in the second half of August in order to replenish stocks of the raw material for September production.

Grain market. Ukraine // Week 33

August 25, 2023

            Export quotes for Ukrainian grain dropped significantly amid instability of shipments by sea and attacks by Russia. On the night of August 16, Russian armed forces launched another drone attack on the ports of Izmail and Reni, affecting warehouses and grain storage facilities.

Grain market. EU countries // Week 33

August 25, 2023

            The EU grain market showed a decline in prices for most grains amid pressure from high competition (players noted a huge volume of Russian wheat offered at more competitive prices) and generally favorable weather conditions for the development of crops and field work in the main producing countries.

Grain market. Russia // Week 33

August 25, 2023

            Prices for Russian grains inched up amid stable importers’ demand and lively export sales. Despite the upturn, quotes remain competitive and attractive.