Quotation
of imported iron ore on Tangshan market remains roughly flat on Tuesday.
Then
the prevailing quotation on the market: PB fines is 710-715 yuan/t; PB
lump is 875-880 yuan/t; Jimblebar fines is 625-630 yuan/t; Super Special
fines is 570-575 yuan/t; Brazilian IOCJ is 835-840 yuan/t.
As
many iron ore traders are on vocation, the volume of quotation has
declined. Meanwhile, for mills, they are inactive in procurements since
many had finished winter restocking.
Therefore,
SteelHome considers that prices of imported iron ore in Tangshan may
remain roughly flat in the short run.
Link: Market
price of Imported Iron Ore at Jingtang Port for Jan 21, 2020 |
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837) |