The Kremenchuk Steel Works produced some 723 tonnes of large railway steel castings in Nov 2022. Since the beginning of 2022, Ukrainian manufacturers have produced a total of 7,600 t of such products.
The DAP market has been showing lower prices within deals signed by Indian importers in recent weeks. In particular, the state-owned RCF company has purchased two fertilizer stems of Russian origin (about 30,000 t each) with shipments in Jan and Feb at around $705/t and $695/t CFR India, respectively, while a little earlier NFL… Read more »
Prices for new freight wagons at some Ukrainian enterprises in December 2022 (million UAH, VAT excluding, EXW bss)
Dynamics of average mazut prices, $/tonne
Iron ore prices had been growing in China ahead of long winter holidays, as most of local steel works had been actively replenishing the stockpiles of imported raw material.
Quotes for imported steel scrap have increased in Turkey despite rater modest trade. The outlook for the short-term imports remains unclear for the time being, but there is an overall positive sentiment on the market, as local steelmakers are preparing to replenish stocks.
In early Jan, export quotes for Ukrainian grains have shown an upturn in almost all positions, which generally corresponds to world trends.
Prices for EU grains have been mainly growing due in part to a tender announced by one of the key importers in the past, Tunisian ODC. Within the tender, ODC has purchased 100,000 t of wheat at $351.86-353.89/t C&F and 75,000 t of barley at $318.05-320.05/t C&F.
Quotes for grains and oilseeds have been showing a downtrend this week. Thus, prices for US wheat have declined due to high export pace in the Black Sea region and Australia.
Export prices for Brazilian corn have fallen due to stiff competition with other origins, while the shipping volumes remain modest. According to Anec, the total corn exports amounted to 43.17 million t in 2022 compared with 20.6 million t in 2021.