Iron Ore

摘要

In Q2, a moderate increase in quotations changed to a decline in the global ironore market. In May and June, spot prices for the raw material lost $13-15/t in total,reaching a two-year low. Indian 63.5% Fe concentrate and Australian 62% Fe orewere offered at $136-138/t C&F. As usual, Brazilian 64% Fe material cost somewhatmore, $139/t C&F. In early July, iron ore prices rebounded by $2-5/t from the Junelevel following resumption of buying by steelmakers and a reduction in inventoriesat ports.