Tangshan Spot billet prices remain flat-Shanghai Metals Market

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Tangshan Spot billet prices remain flat

Industry News 09:24:10PM Jun 23, 2017 Source:scrapregister

CHINA June 23 2017 5:25 PM

LONDON (Scrap Register): The physical spot iron ore market was active on Friday with a number of transactions taking place bilaterally and on platforms, according to the Steel Index.

An Australian miner held a tender for 61% Fe PB Fines which concluded above 55.7. Another Australian miner sold Jimblebar fines at floating price, then sold MAC fines at 51.53 privately and a similar cargo on COREX at 51.65. 

A Brazilian miner sold two IOCJ cargoes on COREX at 71.85 and 72.4 respectively. In China, port stock iron ore prices gained RMB 5/wmt. 

Spot billet prices in Tangshan were flat. Spot rebar prices in Beijing lost RMB 5/t. The most active DCE iron ore contract gained 0.23% and SHFE rebar futures went up 0.55%. All prices US$/dmt CFR China unless otherwise stated.

Key Words:  billet prices 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Oct.17
713.0
-28.0
(-3.78%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.17
93.1
-3.9
(-3.98%)
58% Fe Fines (Qingdao Port): IOPI58
Oct.17
626.0
-9.0
(-1.42%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.17
82.2
-1.3
(-1.55%)
65% Fe Fines (Qingdao Port): IOPI65
Oct.17
750.0
-28.0
(-3.60%)

Tangshan Spot billet prices remain flat

Industry News 09:24:10PM Jun 23, 2017 Source:scrapregister

CHINA June 23 2017 5:25 PM

LONDON (Scrap Register): The physical spot iron ore market was active on Friday with a number of transactions taking place bilaterally and on platforms, according to the Steel Index.

An Australian miner held a tender for 61% Fe PB Fines which concluded above 55.7. Another Australian miner sold Jimblebar fines at floating price, then sold MAC fines at 51.53 privately and a similar cargo on COREX at 51.65. 

A Brazilian miner sold two IOCJ cargoes on COREX at 71.85 and 72.4 respectively. In China, port stock iron ore prices gained RMB 5/wmt. 

Spot billet prices in Tangshan were flat. Spot rebar prices in Beijing lost RMB 5/t. The most active DCE iron ore contract gained 0.23% and SHFE rebar futures went up 0.55%. All prices US$/dmt CFR China unless otherwise stated.

Key Words:  billet prices