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

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July 2015 | Steel Raw Materials


Major Chinese iron ore daily physical spot import prices: Latest Analysis


MBR forecasts that the reversal of some iron ore production cuts and arrival of large seaborne volumes will add to the downside risk for iron ore benchmarks in the coming months, particularly in July and August.

Major Chinese iron ore import prices experienced their largest weekly decline since March 2014, owing largely to the well-telegraphed arrival of large volumes of new material landing in China. At the same time, slowing domestic iron ore consumption has resulted in the first weekly increase in major domestic iron ore port stocks since April 2015. Indeed, iron ore inventories...

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