The seaborne iron ore market continued moving up Monday on demand for seaborne medium grade Australian fines. S&P Global Platts assessed the 62% Fe Iron Ore Index at $74.95/dry mt CFR North China Monday, up $1.50/dmt from last Friday. The front-month January TSI swap was up $1.30/dmt from last Friday to $72.90/dmt. Market participants said steel mills were more optimistic towards the near term steel margins after the People’s Bank of China (PBOC) announced the lowering of the deposit reserve ratio last Friday.
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机译：海运铁矿石市场持续上涨，周一对海运中等澳大利亚罚款的需求。 S＆P Global Platts在周一至今的62％/ Dry MT CFR North China的62％Fe铁矿石指数评估为74.95美元/干式MT CFR North China。 前一个月的TSI Swap从上周五到72.90美元/迪姆的次数上涨1.30美元/米。 市场参与者表示，在中国人民银行（PBOC）宣布上周五宣布降低存款准备金率后，钢铁厂对近期钢材利润率更加乐观。
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