Asia midday ferrous flash

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

Tenders:

• Nil

Offers and bids on Corex:

• Nil

Offers and bids on Globalore:

• 170,000t PBF with 6-15 August laycan bid at $61.75/dmt
• 170,000t PBF with 2-11 August laycan offer flat at August P62 index
• 120,000t PBF and 50,000t PBL with 18-27 July laycan offer at July P62 -$0.5/dmt and July P62L -$0.5/dmt

Tangshan billet:

• Up by 20 yuan/t to Yn3,720/t in the morning.

PBF offers in portside market:

• Qingdao: Yn460/wmt (+10)
• Caofeidian: Yn460/wmt (+5)