A summary of activity in the Asia-Pacific iron ore and steel markets so far today:
Tenders:
- Rio Tinto has a tender of 170,000t PBF with a 2-11 August laycan, to close at 11:30 today.
Offers and bids on Corex:
- 65,000t IOCJ F with a 11-20 August laycan offer at August P65 +$5.50/dmt.
- 90,000t Newman F and 80,000t Newman Blend L with 26 August-4 September laycan offer at August P62 +$0.40/dmt and August P62 +$1/dmt.
Offers and bids on Globalore:
- 170,000t PBF with August delivery offer at August MB62 +$0.30/dmt.
Tangshan billet:
- Up by 10 yuan/t to Yn3,690/t in the morning.
PBF offers in portside market:
- Qingdao: Yn450/wmt (-5)
- Caofeidian: Yn455/wmt (-5)
