Iron ore price, page-3287

I'm back, had to sort out some legal stuff, all good now.

28/9/2017:
Platts 62% US$61.40 down US$1.50; mtd: US$70.37
Platts 65% US$86.60 unchanged
Platts 58% US$33.65 down US$0.50
Platts 58% Low AL US$48.50 down US$0.50
Lump Premium US$0.356 down US$0.019

TSI 62% US$62.70 down US$0.10; mtd: US$70.20
TSI 58% US$48.10 down US$3.00; mtd: US$52.44 (day before was up US$4 so up US$1 last 2 days)
TSI 65% US$83.70 down US$0.10; mtd: US$91.61

MB 62% US$62.89 down US$1.26; mtd: US$71.13
MB 58% US$38.81 down US$0.49
MB 58% Premium US$52.31 down US$0.49

SR/IO futures are still range-bound, will need to wait for China Manufacture PMI due tomorrow to see which way the futures/ IOP will go.

IO Port Inventory continue to fall, according to SteelHome, 46 IO Port Inventory totaled 130.85MT down 1MT from last week.

Steel Inventory also fallen:
- Construction Steel: 2.959MT down 0.171MT
- Hot Roll: 1.236MT down 0.76MT

After all, demand/supply determine prices, so hopefully coming up data tomorrow will support "increase demand".

DYOR.

Frank.