Iron ore market // Week 27

July 13, 2023

            Iron ore prices have sagged again after authorities of the Tangshan region, the Chinese largest steel center, extended restrictions on the operation of sintering facilities until the end of July.

Coal market // Week 27

July 13, 2023

            Demand for imported thermal coal is virtually dead in West Europe. The season of high consumption is over, and stocks are impressive; purchasing for the new season will start closer to autumn. Prices are stable, with no signed deals reported.