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INFOGRAPH: China iron ore, coke prices move opposite

ABSTRACT

China's imported iron ore and coke prices have moved in opposite directions since mid-November, though both are core raw materials for steelmaking and usually move together with domestic steel prices especially in a slack consumption season, and the root cause for the disparity lies in their different fundamentals.
By December 8, iron ore prices had recovered from lows together with the rebound in domestic spot steel prices, while coke prices had continued to head south, all according to Mysteel's price assessments and surveys.   As of December 8, China's national price of HRB400E 20mm dia rebar climbed to Yuan 4,847/tonne

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