Commodity Market Report

Global iron ore short-term outlook December 2017

From

$1,350.00

You can pay by card or invoice

From

$1,350.00

You can pay by card or invoice

Get this Commodity Market Report as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

The global iron ore industry looks set to end 2017 and start 2018 in remarkably good shape. The 62% index is approaching a three month high of $75/t CFR and while tightness persists in the Chinese steel market we see no reason for a sharp fall in iron ore prices. We still think prices will be lower in 2018 than 2017, but the anticipated "correction" could be delayed until after Q1-18.

What's included

This report contains

  • Document

    Global iron ore markets short-term outlook data December 2017.xls

    XLS 410.00 KB

  • Document

    Global iron ore short-term outlook December 2017

    PDF 406.25 KB

  • Document

    Global iron ore short-term outlook December 2017

    ZIP 586.72 KB

Table of contents

  • Executive summary
    • 2017: better than expected
    • Positive macro economic outlook...
    • ...but what if this is as good as it gets? (for Chinese pig iron)
    • Our initial read on the "2+26" cuts
    • Key quarterly forecast
    • Capesize spot freight rates, US$/wmt, to China (Beilun/Baoshan)
    • Quarterly iron ore production - selected companies (Mt, 100% basis)
    • Quarterly indicators: iron ore trade, crude steel and hot metal production (Mt)

Tables and charts

This report includes 18 images and tables including:

Tables

  • Key forecast data
  • Prices: Table 1
  • Prices: Table 2
  • Key companies: Table 1
  • Supply-demand balances: Table 1
  • Forecast data: iron ore trade and hot metal production (Mt)

Images

  • Prices and premia
  • Freight rates
  • Iron ore inventory at Chinese ports, by source
  • Utilisation rate at Chinese iron ore mines
  • Trade of iron ore, monthly volume
  • Trade of iron ore, monthly y/y change
  • Steel production, monthly y/y growth
  • BF utilisation rate in Tangshan, China
  • Positive macro economic outlook for 2018
  • Mill margins are high
  • Quarterly mine production
  • Q3-17 year-on-year production change

You may be interested in

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898