Vale tenders 130,000t of iron ore to China tenders 130,000t of iron ore to China

摘要

Vale has been enhancing its presence in the iron ore spot market of late, tendering another 130,000 tonnes of fines with 64% Fe content to Chinese customers Thursday (16 February), Steel Business Briefing learns from local market sources. The tender closed at 141 dollars/ dmt cfr, passing Singapore 18 February. This came a day after its tender of 250,000t of fines to China, which Shandong Huaxin Industry Co succeeded in securing at 138.5 dollars/t cfr China, market sources tell SBB.