Tag: Chinese spot Iron ore Prices

Global iron ore prices are assessed at USD 56/MT, CFR China on 04 Jul’16. Prices are up as there is a recovery in billet market. Chinese domestic billet offers rose by RMB 40/MT in Tangshan. Today, prices for 150X150 mm billet was witnessed at RMB 2,100/MT (USD 323/MT). Shanghai rebar prices also moved up by…