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:

• Offer for 190,000t of PBF with a 15-24 August laycan, offered at $65.23/t (bid stayed at $63.39/t)
• Offer for 10,000t of BRBF at Dongjiakou port offered at 532 yuan/wmt (no bid)

Offers and bids on Globalore:

• 170,000t PBF with 10-19 August laycan offer at $66.30/t
• 170,000t PBF with 10-19 August laycan offer at $64.50/t
• 170,000t PBF with 13-22 August laycan offer at August P62 +$0.30/t

Tangshan billet:

• Up by Yn10/t to Yn3,760/t in the morning

PBF offers in portside market:

• Qingdao: Yn470/wmt (-5)
• Caofeidian: no offers