Benchmark 62% iron ore’s spot
price decreased by $1.91 to $119.47 a tonne on Thursday, 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, most of them were
active in inquiries, but few transactions completed.
Currently, the supply of low Fe
grade products is tight on the overall markets.
SteelHome considers that the
spread between medium and low Fe grade products may narrow in the short
run.
Other Info: Price
Aggregates of Imported Ore at China Main Ports on Oct 15, 20 |
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282) |