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DAILY: China's Iron Ore Prices Jumped to $128

https://en.steelhome.com [SteelHome] 2020-09-14 17:44:42

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Benchmark 62% iron ore’s spot price jumped to $128.12 a tonne on Monday, based on SteelHome consultancy data SteelHome China Iron Ore Price Index (SHCNOI).

According to SteelHome survey, traders were active in iron ore sales. For mills, only some purchased iron ore for rigid demands.

The most-traded products today were medium-and-low Fe grade Australian fines and lump ores.

SteelHome considers that prices of iron ore may observe rangebound movements amid current high levels in the short run.

Other Info: Price Aggregates of Imported Ore at China Main Ports on Sep. 14, 2020


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