This week observed hike in rebar prices amid short supply in spot market. Shagang Steel raised long steel prices by RMB 40-50/MT (USD 6-7).
News ID: 4154 Publish Date : 2019/03/26
Chinese spot iron ore fines prices this week have dropped yesterday by USD 4/MT to USD 90.2/MT, CFR China against USD 94.20/MT, CFR China towards last weekend. The prices have softened amidst low buying interest from Chinese mills post mills reopened on Monday after week long New Year holidays. The Chinese mills also seem to have enough stocks to fulfill demand in upcoming days.
News ID: 3859 Publish Date : 2019/03/06
Top iron ore producer Vale’s decision to decommission its upstream tailings dams following the deadly dam burst Friday at its facility in Córrego do Feijão, Brazil has lit a fire under iron ore prices.
News ID: 3500 Publish Date : 2019/01/30
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