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Mar.29.2024 1USD=7.095RMB
  SteelHome >>Raw Material>>Market Info>>Daily Express
 
DAILY: China's Iron Ore Prices Kept Dropping on Thursday

https://en.steelhome.com [SteelHome] 2020-10-15 17:48:25

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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)
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