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Apr.04.2020 1USD=7.1104RMB
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SteelHome Express: Quotation of Iron Ore Rises by 10-20 yuan/t in Tangshan

//en.steelhome.cn [SteelHome] 2020-03-25 17:36:26

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Quotation of imported iron ore on Tangshan market rises by 10-20 yuan/t on Wednesday.

Then the prevailing quotation on the market: PB fines is 665-670 yuan/t; PB lump is 875-880 yuan/t; Jimblebar fines is 605-610 yuan/t; Super Special fines is 535-540 yuan/t; Brazilian IOCJ is 815-820 yuan/t. At Jingtang port, PB fines has been traded at the price of 600 yuan/t this morning.

Currently, steelmakers have delayed iron ore procurement plans till later this week.

SteelHome considers that prices of iron ore in Tangshan may fluctuate with rises in the near term.

Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Mar 25

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