China: Domestic Steel Export Window Opens Again amid Rising Overseas Steel Prices

The 39 steel makers in China have exported a total of 875,000 mt of HRC in February, up 67.95% or 354,000 mt from the actual exports in January, according to SMM survey. Many domestic steel mills said that the China’s export quotations of steel have once again enjoyed prices advantages against the...

https://www.hellenicshippingnews.com/china-domestic-steel-export-window-opens-again-amid-rising-overseas-steel-prices/

Active Production Resumption of Overseas Blast Furnaces May Boost Global Steel Supply

Recently, many overseas steel mills are actively resuming the production on expectations for economic recovery and stronger steel prices. According to the latest SMM survey, the average daily pig iron output of blast furnaces resuming production since January is expected to reach 50,000 mt. In...

https://www.hellenicshippingnews.com/active-production-resumption-of-overseas-blast-furnaces-may-boost-global-steel-supply/

Indonesia sets February coal benchmark price at $277.05/T-official

Indonesia set its monthly coal benchmark price at $277.05 per tonne for February, energy ministry official Lana Saria said on Friday, down from January’s $305.21 a tonne. The price drop tracked global coal indices lower as demand from Europe waned, she said. Source: Reuters (Reporting by Bernadette...

https://www.hellenicshippingnews.com/indonesia-sets-february-coal-benchmark-price-at-277-05-t-official/

Euronext wheat eases from one-month high as export sentiment cools

Euronext wheat futures fell from a one-month high, curbed by chart resistance, weakness in Chicago and negative export sentiment, dealers said. March milling wheat on Paris-based Euronext settled 1% lower at 291.75 euros ($313.43) a tonne. It earlier rose to 295.50 euros, equalling Wednesday’s...

https://www.hellenicshippingnews.com/euronext-wheat-eases-from-one-month-high-as-export-sentiment-cools/

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