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Latest Market News

Asia midday ferrous flash

  • Spanish Market: Metals
  • 25/06/18

A summary of activity in the Asia-Pacific iron ore and steel markets so far today:

Tender:

  • Vale has a tender of 170,000t SSFG with bill of lading of 1 June, to be closed at 17:00 today.

Offers and bids on Corex:

  • Nil

Offers and bids on Globalore:

  • 170,000t PBF for July delivery offered at July MB62 +35¢/dmt
  • 80,000t NBL with 1-10 July laycan bid at July 62pc index +24.65¢/dmtu

TS billet:

  • Down by 50 yuan/t to Yn3,600/t in the morning.

PBF offers in portside market:

  • QD Yn465/wmt (unchanged); Caofeidian Yn465/wmt (unchanged)

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