Firm buying activity supports seaborne iron ore prices

摘要

Singapore—Seaborne iron ore prices remained firm July 15 on supportive trades. S&P Global Platts assessed the 62% Fe Iron Ore Index at $112.70/dry mt CFR North China on July 15, up 30 cents from July 14. The front-month August TSI swap was down 25 cents from July 14 at $109/dmt on July 15. Market sources continued to see supply tightness for iron ore fines amid decreasing stockpiles at Chinese ports for mainstream fines amid high production levels of steel.