Quotation
of imported iron ore on Tangshan market stabilizes after drops a week ago.
The
prevailing quotation on Tangshan market: PB fines is 700-705 yuan/t; PB
lump is 825-830 yuan/t; Jimblebar fines is 650-660 yuan/t; Brazilian IOCJ
is 755-760 yuan/t.
Meanwhile,
the overall market runs weakly on Monday as the declining demands for iron
ore products from mills since the steel price keeps dropping in recent
days.
Therefore,
SteelHome predicts that prices of iron ore in China market may fluctuate
slightly in the short run.
Link:
Chinese
Traders' Quotation of Spot Iron Ore at Ports
Market
price of Imported Iron Ore at Jingtang Port |
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837) |