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SteelHome Express: Quotation of Iron Ore Broadly Stable in Tangshan on Friday

https://en.steelhome.com [SteelHome] 2020-07-03 17:20:06

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Quotation of imported iron ore on Tangshan market remains broadly stable on Friday.

Then the prevailing quotation on the market: PB fines is 790-795 yuan/t; PB lump is 860-865 yuan/t; Jimblebar fines is 725-730 yuan/t; Super Special fines is 655-660 yuan/t; Brazilian IOCJ is 950-955 yuan/t.

Meanwhile, at Rizhao port, PB fines has been traded at 772 yuan/t this morning.

Currently, mills are inactive in iron ore procurements. And the prevailing products transacted today are medium-low Australian fines and lump products. SteelHome considers that prices of iron ore in Tangshan may keep fluctuating in the near term.

Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Jul 3

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