Dalian futures closed down 120 Yuan from day before (1337 down to 1216 Yuan & a bit more in overnight session)
http://www.dce.com.cn/dalianshangpin/sspz/tksqq21/index.html
This has then knocked US$16/t off the spot price
http://www.custeel.com/en/csi.jsp
No doubt will continue to see volatility at these super-high IO prices.
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- 65% Fe at US$251/t
65% Fe at US$251/t
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