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Remarks*: Indian iron ore exports have declined significantly due to the controlof iron ore exports of many grades by the Indian authorities. Mysteel will continue to publish Indian iron ore prices for reference so as to ensure the integrity of the pricing data. These, however, are by no means suggesting
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China's market for imported iron ore ran out of steam Friday, with Mysteel 62% Portside Iron Ore Fines Index staying at Yuan 457/wmt ($71.5/wmt) FOT Qingdao including 16% VAT, and the 62% Seaborne Iron Ore Fines Index softening $0.65/dmt on day to $63.6/dmt CFR Qingdao Friday.
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Prices ofmostimported coalvarietiesremained relatively stable this weekwith moderate bids and transactionsheard in the market.
Coking coal imports
Prices of imported coking coaledged down marginally, when those of domestic coking coal stayed firm in most regions. Primecoking coal fromAustralia’s Peak Downwas quoted at$196/tonne CFR China, down $2.75/tonne on week.The 5# Mongolian coking coalprice
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Note:
1.The 100 surveyed independent coking plants are with a total 176 million t/y coking capacity, or about 47% of the country’s totalcapacity by independent coking plants.
2. The 110 surveyed steel mills are with a total 147 million t/y coking capacity (53of them operate their own coking plants), or about 80%
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Note:
1.The stock and days of consumption are on average basis. The numbers are with limited representativeness due to the variety of the surveyed plants, while the week-on-week change may reflect market trend to some degree.
2. The coking plants surveyed by www.coal.glinfo.com include53 coking plants affiliated to steel mills, and100independent
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(Unit: in ’000 tonnes)
Note: Jingtangport stockshave been included in Shougang Group’s inventories since Dec 28 2012, and those at No. 36-40 berths since Jan 4 2015. Qingdao and Zhanjiang ports have been added into the survey since Nov 15 2013.
Written by Zach Wang,wangxb@mysteel.com
Edited by Hongmei Li, li.hongmei@mysteel.com
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Written by Zach Wang, wangxb@mysteel.com
Edited by Hongmei Li, li.hongmei@mysteel.com
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Note: the 53 typical independent coking plants in the weekly survey include 18with capacitybelow 1 million tonnes/year, 20 between 1-2 million t/y, and 15 above 2 million t/y.
Written by Zach Wang,wangxb@mysteel.com
Edited by Hongmei Li, li.hongmei@mysteel.com
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Note:Qingdaoporthas been included in the tablesince April 28 2017.
Written by Zach Wang, wangxb@mysteel.com
Edited by Hongmei Li, li.hongmei@mysteel.com
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Edited by Anna Wu, wub@mysteel.com
Disclaimer: The data provided are only for market reference. Mysteel takes no responsibilities for consequences resulted from using the data.
