Search the site

Speaker Ionut Lazar

Regional Director, India, Middle East and Africa View profile

Speaker Erik Hedborg

Senior Analyst View profile

Speaker Clare Hanna

Senior Analyst View profile

Speaker Dmitry Popov

Senior Analyst View profile

On 30th June 2020 a team of CRU Analysts discussed the outlook for iron ore, thermal coal and manganese in South Africa, in the context of evolving lockdown regulations.

South Africa is one of the world’s largest exporters of manganese ore, accounting for staggering 42% of global exports in 2019. It is also a key player in iron ore and thermal coal markets, accounting for 4% and 7% of global exports, respectively.

The Covid-19 pandemic has influenced prices for these commodities in very different ways with iron ore prices remaining very high, thermal coal prices falling to the lows last seen in 2016 and manganese ore prices seeing an incredible range of volatility.

In CRU’s webinar we will explore the reasons behind such diverse price trends in these bulk commodities and will provide our view on how the situation will change in 2020 H2 as countries come out of lockdown, as well as what it means for South African exporters.

Agenda

  • Why has the Covid-19 pandemic led to a large drop in thermal coal prices and high volatility in manganese ore prices, but allowed iron ore prices to stay high?
  • How has the South African lockdown affected the markets for these commodities?
  • How will prices for these commodity prices change in 2020 H2 as countries come out of the lockdowns?
  • Will South African producers be able to benefit from any improvement in the market conditions?

Due to the nature of the content, you can apply to view a recording of this webinar by clicking the form below. My colleagues will consider your request and send on the recording if you are successful. It will not be automatic.

Speaker Ionut Lazar

Regional Director, India, Middle East and Africa View profile

Speaker Erik Hedborg

Senior Analyst View profile

Speaker Clare Hanna

Senior Analyst View profile

Speaker Dmitry Popov

Senior Analyst View profile

CRU STEEL

The CRU Steel team sets the standard for providing in-depth market analysis and forecasts, price assessments and cost analysis for the global steel industry.

CRU STEEL COVERAGE

  • Finished Steel
  • Iron and Steelmaking
  • Merchant Slab and Billet

RELATED COVERAGE

The Latest from CRU

Spotlight feature

Could the EV sector’s “Model T moment” come from China?

Chinese EV manufacturers have several incumbent advantages over their western counterparts, including lower unit cost and larger manufacturing capacity. Global demand for...

09 April 2021   
Topics: Aluminium, China, Copper, Noble Alloys and Minor Metals, Steel, Technology Metals

Insight

US BFs positioned to supply domestic pig iron

Topics: Steel, Steelmaking Raw Materials

Insight

HR coil steel price cycle

Topic: Steel