SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / Spot Iron Ore market continues to trend downward

Spot Iron Ore market continues to trend downward

iconJun 12, 2017 10:19
Source:scrapregister
The spot iron ore market continued to trend downward under the pressure of high iron ore inventory levels at various Chinese ports, according to the Steel Index.

UNITED KINGDOM June 09 2017 4:31 PM

LONDON (Scrap Register): The spot iron ore market continued to trend downward under the pressure of high iron ore inventory levels at various Chinese ports, according to the Steel Index.

Transactions activity picked up today as an Australian miner sold 61% Fe PB Fines by tender at a price below 54, then sold a similar cargo on COREX at 53.8. 

Another Australian miner sold two shipments of MAC fines, both below 49. A Brazilian miner sold IOCJ fines on globalORE at 70.9. 

In China, port stock prices were flat. Spot billet prices in Tangshan gained RMB 20/t. Spot rebar prices in Beijing slipped another RMB 5/t. 

Spot rebar prices in Beijing slipped RMB 5/t. The most active DCE iron ore contract lost 1.4% but SHFE rebar futures went up 1.51%.

Iron Ore prices

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.