A summary of activity in the Asia-Pacific iron ore and steel markets so far today:
Tenders:
- Vale has a tender of 170,000t SFLA with a 7-16 July laycan, to close at 16:00.
- Rio has a tender of 210,000t PBF with a 21-30 July laycan, to close at 15:00.
- BHP has a tender of 90,000t Jimblebar F and 80,000t Mac F with a 16-25 July laycan, to close at 15:15.
Offers and bids on Corex:
- Nil
Offers and bids on Globalore:
- 170,000t PBF with a 15-24 July laycan offered at August index -$0.10/dmt.
- 170,000t PBF with August delivery offered at August MB62 +$0.10/dmt.
- 80,000t Newman Blend L with a 26 July-4 August laycan bid at $0.3025/dmtu.
Tangshan billet:
- Up by 10 yuan/t to Yn3,610/t.
PBF offers in portside market:
Qingdao: Yn460/wmt (unchanged); Caofeidian: Yn465/wmt (unchanged), Yn470/wmt (+2)
