Dalian Steel and Raw Material Conference
http://www.amcastonline.com/news/articles/23/1/Dalian-Steel-and-Raw-Material-Conference/Page1.html
Tomaso Veneroso
By Tomaso Veneroso
Published on 10/30/2007
China's iron ore spot prices close to $200 per tonne .
Dalian Steel and Raw Material Conference
A chinese steel mill has concluded a deal to buy Indian Iron ore fines with 63.5% of Fe content at $ 195 per tonne.
The still mill is located in south China and has a capacity of 6 million tpy.
Indian iron ore traders have since raised their offers as high as $202 per tonne,market partecipant said.
For the most parts prices are about $ 190 per tonne cfr China, up from last week's $ 180-185 per tonne cfr, a number of sources said at the conference.
China iron ore import from Indian decreased by 4.4 percent year-on-year in September , to 4.75 million tonnes. In August iron ore imports fell 30.7 per cent year on year to 4.59 million tonnes.
The still mill is located in south China and has a capacity of 6 million tpy.
Indian iron ore traders have since raised their offers as high as $202 per tonne,market partecipant said.
For the most parts prices are about $ 190 per tonne cfr China, up from last week's $ 180-185 per tonne cfr, a number of sources said at the conference.
China iron ore import from Indian decreased by 4.4 percent year-on-year in September , to 4.75 million tonnes. In August iron ore imports fell 30.7 per cent year on year to 4.59 million tonnes.