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Iron ore price, page-228

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    Guys From Umetal
    Chinese iron ore and steelmaking prices March 24 2017

    in Chinese iron ore and steelmaking prices 24/03/2017


    Morning offers of spot market resources basically hold stable today and some traders are willing to deliver cargos. And the prices are negotiable. Spot market transactions have not seen large increase in recent days across the country. Large traders are bullish towards the coming market. Steel mills focus on high grade resources enquiries and purchases. Some steel mills are willing to purchase lumps. Spot market offers and enquiries stay brisk today and some traders have concluded deals in the morning. Some traders lift their spot resources offers by REMB5-10/tonne supported by rising billet prices today and they are eager to lift the prices. Transaction prices increase by RMB5/tonne in the afternoon from yesterday. Spot market prices are estimated to sustain adjustments in recent days.

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    Just as well they pulled they Health Care Bill averted a Dow bath. Now on to tax reform should be plainer sailing.
 
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