62% Fe fines: US$ 110.5 /dry metric tonne (+0.8%)
58% Fe fines: US$ 99.6 /dry metric tonne (+0.5%)
To-date averages:
Month to date $US111.75/DMT
Quarter to date $US121.87/DMT
1 Week change: $US5.60 (+5.3%)
The relative calm in the market compared with last week continued today. Rebar and iron ore futures in China firmed slightly, though spot billet prices in the Tangshan region slipped RMB 10/t. There were two deals for Australian 62% Fe “MNP” fines for May delivery at 108.8 on the globalORE
Platform, though details of the trades were unknown (non-index permissible). An Australian miner meanwhile sold a cargo of 61% Fe PB fines at 110.5 across China’s CMBX screen. Despite the strong pay, some traders were seen lowering their offers in an attempt to attract buyers, with Australian 62% Fe fines still offered at around 110. Offer levels at Chinese ports for imported ore were
Unchanged from yesterday. All prices US$/dmt CFR China.
62% Fe fines: US$ 110.5 /dry metric tonne (+0.8%)58% Fe fines:...
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.47B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |