Watch the interview of Annalisa Jeffries of S&P Global Platts with Manisha Gupta on CNBC-TV18. She speaks about the current trends in commodities market.
Supply shortages and infrastructure investment plans announced by both China and the US will keep metals on a firm footing at least in the medium term feels Annalisa Jeffries of Platts.
So far this year, has been a strong year for the ferrous market, says Annalisa Jeffries, Associate Editorial Director, Metals Asia, Singapore, Platts,
Base metal prices are hitting the roof and Annalisa Jeffries of Platts, in an interview to CNBC-TV18, shares her expectations on the direction these commodities including steel and iron ore could take from here.
It isn't the market volatility but its speed which is of concern right now, says Annalisa Jeffries, Associate Editorial Director, Metals Asia/Singapore, Platts.
The current domestic demand for steel in China is very strong and so it is exporting less, which has aided the rally in steel prices, says Annalisa Jeffries, Associate Editorial Director.
"India comes up as an alternative buyer. It is a country growing in terms of steel and iron ore demand so that might be an area to keep an eye on," Annalisa Jeffries, associate editorial director for Asia metals at Platts, told CNBC on Friday.