In the first half of April spot prices for iron ore fines in the Chinese marketreached an all-time low of $46/t CFR, which is by $9/t below the month-agolevel. Quotes of high-quality Australian coking coal also plunged to theirlowest level of $97-98/t FOB eastern ports of Australia. Chinese producershave managed to restore profitability due to the raw material price fall. Inmid-April the margin of Chinese steel product exporters rose to $52/t andreturns on domestic sales were $38/t.
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机译:4月上半月,中国市场铁精粉现货价格创下了历史新低,为$ 46 / t CFR,较月初水平低$ 9 / t。澳大利亚优质炼焦煤的报价也跌至最低的$ 97-98 / t FOB澳大利亚东部港口。由于原材料价格下跌,中国生产商设法恢复了盈利能力。 4月中旬,中国钢铁产品出口商的利润率升至$ 52 / t,国内销售利润为$ 38 / t。
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