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Apr.19.2024 1USD=7.1046RMB
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SteelHome Express: Quotation of Imported Iron Ore Flat on Slack Procurement Interest from Mills

https://en.steelhome.com [SteelHome] 2020-02-18 17:44:30

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Quotation of imported iron ore on Tangshan market remains roughly flat on Tuesday.

Then the prevailing quotation on the market: PB fines is 650-655 yuan/t; PB lump is 840-850 yuan/t; Jimblebar fines is 575-580 yuan/t; Super Special fines is 530-535 yuan/t; Brazilian IOCJ is 795-805 yuan/t.

Currently, steelmakers purchase iron ore mainly as needed. Traders are inactive in shipping iron ore products at a low price, bringing slack transactions on Tuesday.

SteelHome considers that prices of iron ore may slightly fluctuate in the near term.

Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Feb 18

(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282)
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