Downturn in domestic iron ore market transactions on the 25th, cut iron ore ex-factory price of mainstream large-scale mining. It is understood that the Tangshan Zunhua 66% of iron ore, wet basis tax factory 820-830 yuan / ton. By billet construction materials continued to fall, in Shanxi Province iron ore market price dropping slightly; Northeast iron ore market, the high turnover of difficult, the wait is still strong, the big steel mills of the East China iron ore market sentiment down the iron purchase price.
Imported iron ore market continued to fall, thinly traded. Futures market: individual businesses due to less optimistic about the market outlook, the offer is relatively low, by the mine tender prices will ship existing transaction prices have varying degrees of decline. Spot market: small and medium-sized steel mills still adhere to the low inventory, stock-based model to maintain production, maximize the pursuit of risk minimization. Although the steel mills continue to a small amount of supplementary stock, but due to a buyer's market, but also lower disc prices, sale prices continue downward, not due to transactions resulting in the market stabilized, but will continue to suppress the market downstream.
Downstream maritime market weakness on the 24th of each ship Pudie. The BDI1003 down 19 BCI1261 down 14 BPI1109 down 25 BSI1156 -17. The slowdown in growth rate of imports of raw materials resulting in excess capacity to suppress tariff uplink. The data show that Brazil to China, sea freight for the 2nd flat (15-18 tons), Western Australia to China, sea freight fell to 0.075 U.S. dollars / ton (15-18 tons).
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