China Imported iron ore margin widens to 2.19 yuan/mt on firmer spot prices
The average imported iron ore margin widened from 0.04 yuan/mt to 2.19 yuan/mt in the latest period, driven mainly by an average rise in port spot prices. On the supply side, SMM shipping data showed arrivals at major Chinese ports fell 15.7% week-on-week to 23.2663 million mt in the week ended October 30. The short-term ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
