Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2009 | Steel Raw Materials


Chinese spot prices holding holding at $77-78/tonne: Iron Ore Analysis


Conditions in the Chinese spot iron ore market remain relatively unchanged from last week. Spot prices are holding at $77-78/tonne cfr for 63.5% Fe content Indian fines.

  • Conditions in the Chinese spot iron ore market remain relatively unchanged from last week. Spot prices are holding at $77-78/tonne cfr for 63.5% Fe content Indian fines. We continue to hear of offers of over $80/tonne cfr but nothing has yet to stick.

    Two deals are understood to have been completed at $82-83/tonne cfr but those were for very small volumes and do not represent the market as a whole and...

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