MMi Daily Iron Ore Report (June 8)

Published: Jun 8, 2020 18:28

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The physical port stock prices for PBF in Shandong and Tangshan rose by 35-40yuan/mt today. Vale has been forced to suspend its Itabira mining activities to fight COVID-19, hitting swaps, futures and physical pricing despite Vale has affirming that its annual production guidance of 310-330 million mt remains unchanged.

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MMi Iron Ore Port Index

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