Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

In this list

Iron ore sinks below $50/dmt in early April as steel markets weaken further in Q2

Commodities | LNG | Shipping | Containers | Tankers

Panama Canal seeks solutions to congestion as wait times increase

Energy Transition

Platts Global Integrated Energy Model

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Agriculture | Biofuels | Coal | Emissions | Electric Power | Renewables | Oil | Refined Products | Jet Fuel

UAE's Etihad Airways exploring using synthetic fuel, adding more offsets in future

Biofuels | LNG | Metals | Petrochemicals

Commodity Tracker: 6 charts to watch this week

Watch: Iron ore sinks below $50/dmt in early April as steel markets weaken further in Q2

Mark Wiggett, editor for Platts Global Market Outlook, assesses key developments in the global steel and raw material markets. Iron ore fell below $50/mt in early April, with oversupply remaining a concern. US HRC plummeted in March and early April as the market reacted to slow demand and over-capacity, with Asian flats prices also dropping during this period. Scrap export prices into Turkey and other markets in Asia continued their upwards movements. Meanwhile, US rebar prices were cut in March and producers saw prices drop again in early April due to cheaper imports and lower scrap levels, while European longs prices slowly rose early April as the construction season began.