Daily iron ore price update (restock on)

Find below the iron ore price table for July 9, 2013:

Capture

Rebar futures fell. The restock marches on. Reckon it’s got a ways to run.

David Llewellyn-Smith
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Comments

  1. migtronixMEMBER

    Brasil looks to be in a world of pain with long steel imports down 20% and flat steel down 44% in H1. On the other hand Vale just got $119/mt tender.

    Baltic Dry is heading up again – its a good northern summer for shipping but with WTI so expensive its a bit a of a surprise. Will the restock be tampered by oil price?