Import iron ore prices in China have moved up today, Thursday, June 17 compared to June 16, while also rising compared to last week, supported by healthy demand, especially from Chinese ports.
Iron ore fines with 62 percent Fe content have edged up by $3.7/mt compared to June 16, to $217.2/mt CFR. And this level is also $2.7/mt above that seen a week ago on June 10.
Brazilian iron ore with 65 percent Fe price has seen a rise of $6/mt today to $251.5/mt CFR, up $6.55/mt week on week, SteelOrbis has learned. At the GlobalOre platform, a contract for 170,000 mt of 65 percent Fe material has been signed today at this price level.
In addition, 170,000 mt of Pilbara fines have been traded at the July index + $10.4/mt, also at GlobalOre.
On June 17, 19 deals totaling 304,000 mt of iron ore have been concluded at the COREX platform, mostly at Chinese ports. Among the deals was one for 10,000 mt of 65 percent fines, at RMB 1,740.5/mt ($270.7/mt), for delivery at Lanshan port.
在给定的一周内，随着交易商建立了一些股票，进口铁矿石价格略有上升。与此同时，高Fe-Content Iron Ore矿石在港口供不应求，钢板价格。最近据报道当地矿山的事故，因此交易商认为进口铁矿石价格可能会获得支持，他们一直愿意建立股票。然而，在传统的休赛中，铁矿石的需求可能在东部和北方的钢铁制造商面临的生产限制中，在传统的休赛中。据认为，在接下来的一周里，进口铁矿石价格可以略微下降。
Iron ore futures prices at Dalian Commodity Exchange have moved up by 3.86 percent today, coming to RMB 1,223.5/mt ($190/mt) compared to June 10, while also improving by one percent from yesterday.
As of Thursday, June 17, rebar futures at the Shanghai Futures Exchange are standing at RMB 5,101/mt ($793.3/mt), decreasing by RMB 65/mt ($10.1/mt) or 1.26 percent since June 10, while increasing by 0.26 percent compared to the previous trading day (June 16).
Imported iron ore prices in China (week-on-week basis)
Product name |
Iron |
Truck loaded price |
Change |
Price |
Change |
Newman iron ore lump |
63/63.5 |
1,850 |
45 |
287.7 |
5.6 |
Yandi fines |
58 / 59 |
1,185 |
35 |
184.3 |
4.5 |
PB Fines |
62 |
1,485 |
40 |
230.9 |
5.1 |
PB iron ore lump |
62/63 |
1,905 |
45 |
296.3 |
5.5 |
Brazil fines |
63 |
1,572 |
32 |
244.5 |
3.7 |
Price includes VAT.
Nationwide iron ore concentrate prices (66 percent Fe)
Place of origin |
Market price（RMB/mt, Incl. VAT) |
Change |
Price（$/mt) |
Change |
唐山 |
1,422 |
35 |
221 |
4 |
北欧 |
1,401 |
79 |
218 |
11 |
Price includes VAT.
$1 = RMB 6.4298