Daily iron ore prices CFR China – February 9, 2022
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09
Feb
Noticias
09
Feb
Ex-Japan Kanto scrap tender closed at much higher price, boosting outlook
Prices for Japanese scrap in the latest Kanto export tender have increased significantly.
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Feb
Billet offers in Asia remain high, but Chinese futures decline dampens market mood
Most large billet exporters have been holding offers at around $700/mt CFR from early this week, waiting for a demand acceleration.
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HRC suppliers in Pakistan bullish, deals still sporadic amid weak demand
Hot rolled coil (HRC) suppliers in Pakistan have continued to increase their offers on the heels of the global trend.
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S. Korean mills buy Russian scrap, expected to raise bids for Japanese scrap
South Korean mills have bought Russian scrap this week, while two of them are expected to open tenders for Japanese scrap tomorrow.