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SBB Steel Markets Daily: March 9, 2022 by rafik.somasteel is a document available to read on EtoBox.

What is SBB Steel Markets Daily: March 9, 2022 about?

Metalloinvest is facing limited impact from the Klaipeda port ban, as it primarily relies on Russian ports for its shipments. The iron ore market is experiencing a decline in prices due to thin buying interest, with the 62% Fe Iron Ore Index assessed at $157.55/dry mt on March 9, down from the previous day. Additionally, Indian pellet premiums are rising due to European demand, while coking coal prices are converging between Australia and China amid a rising domestic market.

Author
rafik.somasteel
Language
EN