MMi Daily Iron Ore Report (August 6)

Published: Aug 6, 2020 18:24
DCE iron ore futures market kept recording new high and the physical port stock prices followed up closely. PBF was concluded at 905-910yuan/mt in Shandong market and that in Tangshan market hit 900yuan/mt, some mills have to accept this current high prices due to the on-demand procurements.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
MMi Daily Iron Ore Report (August 6) - Shanghai Metals Market (SMM)