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oreiron ore scrap correlation

oreiron ore scrap correlation

The Iron Ore - Scrap Correlation: Does it Correlate to ...

2011-3-21  In the chart below, though we can see a tight correlation between scrap and iron ore prices in China halfway through 2009, the price trends appear to have drifted apart

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Ferrous scrap prices weaken to iron ore as correlation ...

2021-5-6  Ferrous scrap has decoupled from stronger iron ore prices so far in 2021, as low coking coal costs and strong steel demand in China and elsewhere support iron ore consumption at blast furnaces.

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Analysis: Ferrous scrap prices weaken to iron ore as ...

2021-5-5  05 May 2021 Steel Analysis: Ferrous scrap prices weaken to iron ore as correlation breaks down. Ferrous scrap has decoupled from stronger iron ore prices so far in 2021, as low coking coal costs and strong steel demand in China and elsewhere support iron ore consumption at blast furnaces. Scrap and iron ore tracked relatively closely in 2020 ...

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Analysis: Ferrous scrap prices weaken to iron ore as ...

2021-5-5  While scrap became relatively competitive to iron ore since 2019 based on outright prices, the value of scrap/iron ore adjusted for yields has been relatively stable over 2020 and 2021. In 2020, Platts 62% Fe IODEX had an 84.47% positive correlation with the Platts Turkish import premium heavy melting scrap 1/2 (80:20) index.

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Scrap or Iron Ore: What Drives US Steel Prices?

2016-3-16  Iron ore US spot HRC prices have a lower correlation with seaborne iron ore prices as can be seen in the graph above. This is not surprising as US steel mills rely heavily on steel scrap.

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Scrap or Iron Ore: What Drives US Steel Prices?

2016-3-17  Scrap prices. Meanwhile, for US steel producers like Nucor (NUE) and Steel Dynamics (STLD), steel scrap pricing is a bigger driver than seaborne iron ore prices. The graph above shows the movement ..

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Infograph: Steel margin key for ferrous price correlation ...

2021-6-10  ABSTRACT. In the past two months, a close correlation has been observed among finished steel and steelmaking raw materials including iron ore and steel scrap in China, as the domestic steel mills, with the remaining healthy margins, have been maintaining both their high steel output and raw material consumption pattern.

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FOCUS: Covid-19 throws global ferrous correlations into ...

2020-4-28  Iron ore's correlation with finished steel improved to 0.54 for HRC and 0.45 for rebar, although the sudden plunge experienced by steel prices in the first quarter have also outstripped iron ore price increases. Along the EAF route, scrap's price correlation with HRC has held up, at 0.84. But its price correlation with rebar has deteriorated to ...

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Analysis of Volatility and Correlation for CME Steel Products

2020-12-3  Iron ore 1 Ironore_Platts Platts "IODEX" Iron ore fines 62% Fe CFR China Port $/t 06/02/2008 2 Ironore_TSI TSI iron ore (CFR Tianjin China) 11/17/2008 Scrap 1 Scrap_US Platts US shredded scrap Del US Mid West $/MT 09/04/2007 Billet 1 Billet_LME LME Billet - Cash settlement $/t 02/25/2008

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Understanding steel scrap and the new LME ferrous

2019-8-14  Even in iron ore-consuming blast furnaces, scrap remains an important additive and can make up 10-20% of the total raw material mix. As a proportion of costs, movements in scrap ... relationship renders a high correlation to shredded scrap prices globally. A similar analysis finds over a 99% correlation (Feb 2013 to Aug 2015) between CFR Turkey ...

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Infograph: Steel margin key for ferrous price correlation ...

2021-6-10  ABSTRACT. In the past two months, a close correlation has been observed among finished steel and steelmaking raw materials including iron ore and steel scrap in China, as the domestic steel mills, with the remaining healthy margins, have been maintaining both their high steel output and raw material consumption pattern.

Get Price

FOCUS: Covid-19 throws global ferrous correlations into ...

2020-4-28  Iron ore's correlation with finished steel improved to 0.54 for HRC and 0.45 for rebar, although the sudden plunge experienced by steel prices in the first quarter have also outstripped iron ore price increases. Along the EAF route, scrap's price correlation with HRC has held up, at 0.84. But its price correlation

Get Price

Ferrous scrap: decoupling from Iron Ore - Navigate

2020-8-6  Pre-Q1 2019, we typically would have weighted our ferrous scrap price forecast to the long-run relationship with 62% iron ore prices normalized for Fe content. However, the Pearson correlation coefficient between ferrous scrap and iron ore has dwindled from a relatively robust 0.66 in January 2019 to a paltry 0.33 in August 2020.

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Analysis of Volatility and Correlation for CME Steel

2020-12-3  Iron ore 1 Ironore_Platts Platts "IODEX" Iron ore fines 62% Fe CFR China Port $/t 06/02/2008 2 Ironore_TSI TSI iron ore (CFR Tianjin China) 11/17/2008 Scrap 1 Scrap_US Platts US shredded scrap Del US Mid West $/MT 09/04/2007 Billet 1 Billet_LME LME Billet - Cash settlement $/t 02/25/2008

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Do iron ore, scrap steel, carbon emission allowance, and ...

2021-8-1  Fig. 1 shows price changes in iron ore (the Platts), scrap steel, European carbon emission allowance (EUA), seaborne transportation (BDI), and China's steel prices. As shown, the lowest price and the abrupt shift in iron ore, scrap steel, EUA, BDI, and steel were observed at the end of 2015. We focus on the structural change in China's steel prices because the performances of China's steel ...

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Understanding steel scrap and the new LME ferrous

2019-8-14  Even in iron ore-consuming blast furnaces, scrap remains an important additive and can make up 10-20% of the total raw material mix. As a proportion of costs, movements in scrap ... relationship renders a high correlation to shredded scrap prices globally. A similar analysis finds over a 99% correlation (Feb 2013 to Aug 2015) between CFR Turkey ...

Get Price

Estimating the Price Elasticity of Ferrous Scrap Supply

2014-4-1  recovered—moved inversely. When the price of scrap increased, net additions to inventory decreased. This inverse relationship is to be expected given the positive correlation between the amount of obsolete scrap recovered and changes in the price of scrap. The Pearson correlation coefficient between price and net inventory additions was -0.79.

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Copper Scrap Predictions: A Study on Correlation of

2021-5-30  This makes the correlation of prices of primary copper metal and copper scrap stronger compared to the prior 2000 scenario. We will analyze the interdependence between copper base metal and copper scrap over the past 10 years (2010-20) and help predict the #1 Copper scrap based on COMEX EOD (End of Day) prices of primary Copper prices.

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刘国瑞-中国科学院大学-UCAS

(68) A preliminary investigation of unintentional POPs emissions from thermal wire reclamation at industrial scrap metal recycling parks in China, J. Hazard. Mater., 2012, 第 3 作者 (69) Atmospheric emission of polychlorinated naphthalenes from iron ore sintering processes, Chemosphere, 2012, 第 1 作

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Analysis of Volatility and Correlation for CME Steel Products

2020-12-3  Iron ore 1 Ironore_Platts Platts "IODEX" Iron ore fines 62% Fe CFR China Port $/t 06/02/2008 2 Ironore_TSI TSI iron ore (CFR Tianjin China) 11/17/2008 Scrap 1 Scrap_US Platts US shredded scrap Del US Mid West $/MT 09/04/2007 Billet 1 Billet_LME LME Billet - Cash settlement $/t 02/25/2008

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Converter from SITC to ISIC - University of California ...

2009-1-8  Converter from SITC to ISIC Marc-Andreas Muendler⁄ University of California, San Diego, CESifo and NBER January 8, 2009 This report describes the construction of a concordance between SITC (Stan- dard International Trade Classiflcation, revision 2) and ISIC (International

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The Minerals, Metals Materials Series

2019-2-12  2.5 in Iron Ore Sintering Process and Control Technology.....85 Zhiyun Ji, Xiaohui Fan, Min Gan, Xuling Chen, Wei Lv, Guojing Wong ... Effects of Steel Scrap Oxidation on Scrap Preheating Process in an Electric Arc Furnace.....453 Guangwu Tang, Yuchao Chen, Armin K. Silaen, Yury Krotov ... Correlation Between Reduction Degree and Softening and ...

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Coolant strategies for BOF steelmaking Request PDF

Among the various coolants in use, lump iron ore has a greater cooling efficiency (about 3 times as that of scrap) whereas direct reduced iron (DRI) is 1.5 times efficient than scrap (Kumar et al ...

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Estimating the Price Elasticity of Ferrous Scrap Supply

2014-4-1  recovered—moved inversely. When the price of scrap increased, net additions to inventory decreased. This inverse relationship is to be expected given the positive correlation between the amount of obsolete scrap recovered and changes in the price of scrap. The Pearson correlation coefficient between price and net inventory additions was -0.79.

Get Price

Ferrous scrap: decoupling from Iron Ore - Navigate

2020-8-6  Pre-Q1 2019, we typically would have weighted our ferrous scrap price forecast to the long-run relationship with 62% iron ore prices normalized for Fe content. However, the Pearson correlation coefficient between ferrous scrap and iron ore has dwindled from a relatively

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WSD Strategic Insights #9: Correlation coefficients ...

2013-3-22  WSD's correlation matrix includes coefficients for 21 data sets that cover steel industry prices, production figures and macro-indicators. From the table below, it becomes apparent that price movements among related or supplemental items have strong, direct relationships. For example, the various USA scrap grades (or scrap prices and pig iron) have very high correlation coefficients.

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Scrap or Iron Ore: What Drives US Steel Prices?

2016-3-16  Iron ore US spot HRC prices have a lower correlation with seaborne iron ore prices as can be seen in the graph above. This is not surprising as US steel mills rely heavily on steel scrap.

Get Price

Scrap or Iron Ore: What Drives US Steel Prices?

2016-3-16  Scrap prices. Meanwhile, for US steel producers like Nucor (NUE) and Steel Dynamics (STLD), steel scrap pricing is a bigger driver than seaborne iron ore prices. The graph above shows the movement in spot hot-rolled coil (or HRC) prices plotted against benchmark-heavy melting scrap according to data compiled by the Metal Bulletin. As you can ...

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