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DAILY: IO price holds firm against steel price dips

publisherandy

time2018/01/04

DAILY: IO price holds firm against steel price dips


Abstract:Mysteel's 62% Portside Iron Ore Index remained unchanged over the day at Yuan 540/wmt ($83/wmt) FOT Qingdao and including the 17% VAT on January 3 despite China's steel price declines and the increase in iron ore arrivals.
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Mysteel’s 62% Portside Iron Ore Index remained unchanged over the day at Yuan 540/wmt ($83/wmt) FOT Qingdao and including the 17% VAT on January 3 despite China’s steel price declines and the increase in iron ore arrivals. Mysteel’s Shanghai HRB400 20mm rebar price fell by Yuan 40/t day on day