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Dalian Steel and Raw Material Conference
- By Tomaso Veneroso
- Published 10/30/2007
- Raw materials and scrap
- Unrated
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.
