Asia midday ferrous flash
A summary of activity in the Asia-Pacific iron ore and steel markets so far today:
Tender:
- Rio Tinto has a tender of 170,000t PBF with 7-16 August laycan, to close at 15:00 today
Offers and bids on Corex:
- Offer of 20,000t BRBF at Lianyungang port at 530 yuan/wmt (no bid)
Offers and bids on Globalore:
- Nil
Tangshan billet:
- Unchanged at Yn3,690/t in the morning.
PBF offers in portside market:
- Qingdao: Yn460/wmt (unchanged)
- Caofeidian: Yn465/wmt (unchanged)
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