The 20th domestic iron ore market by imported iron ore and steel billet fell, the market traded in the doldrums, some areas prices edged lower again. It is understood that the Tangshan the Zunhua region 66% iron ore wet basis excluding tax factory 810-820 yuan / ton, lower iron ore market weakness in Northeast China, East China iron ore market prices Anhui Province, China and South Africa iron ore market transactions weakness.the.
Vulnerable downstream of imported iron ore market, a week at the beginning of the market waiting to see more, the overall significant light. Steel on the spot, billet prices continue to fall in the weak market situation is further exacerbated low steel procurement willingness, traders said. Futures market: as positive now, the main players in the market on the market outlook gradually lost confidence in the steel mills at this stage more than to perform a long association to maintain production, not lightly purchasing futures. Spot market: prices continue to decline, buyers have limited ability to undertake, the trend of late is not optimistic.
The shipping market in the 17th consecutive 29 Kusakabe line, but the touch is low and thus moderated decline Panamax unilateral rise. Indices, BDI714 or BCI1095 or 10 BPI806 up 5 or 6 BSI841. The data show, down $ 0.041 / ton (15-18 tons), Brazil to China sea freight and sea freight in Western Australia to China fell to 0.017 U.S. dollars / ton (15-18 million tons).
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