Daily iron ore prices CFR China – January 24, 2022
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Since late Friday, January 21, rumors of deals considered to have been done during the week have been heard in Turkey’s import market.
Mainstream ex-China steel plate offer prices from mills have been heard at $790-800/mt FOB for March shipment as of today.
Local Indian hot rolled coil (HRC) traded prices have remained stable during the past week on improved bookings from producers.
Local Indian cold rolled coil (CRC) traded prices have been stable during the past week with the potential to move in either direction.
Emirati rebar producers have continued to face challenges in selling material due to the insufficient demand from end-users.
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During the week ending January 24, average Chinese domestic rebar and wire rod prices have moved up.