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IO pricing starting to look strong again.Spot iron ore prices at...

  1. rocket973
    13,065 Posts.
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    14/08/10
    17:10
    Post #: 7019331
    IO pricing starting to look strong again.

    Spot iron ore prices at $152-154 cfr
    Shanghai Wednesday, August 11, 2010 10:29 AM


    Spot prices for 63.5% Fe Indian fines gained another $2 on Wednesday to reach $152-154 per tonne cfr China, as Chinese steel producers raise ex-works prices. Shagang raised its rebar ex-works prices by 200 yuan to 4,260 yuan, and wire rod prices by 200 yuan to 4,280 yuan.
    TTY Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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