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***SWAPS REPORT: Steel price sentiment pushes up prices and volumes on OTC market

September 02, 2010 - 18:54 GMT Location: London

KEYWORDS: OTC iron ore swaps , iron ore derivatives , iron ore futures , iron ore market , iron ore , Metal Bulletin

Over-the-counter iron ore swaps traded higher on Thursday as more volumes were exchanged for a number of prompts, brokers told MB.

Sep $135/141 Oct $133/140 Q4 $131/135 Q1 $127/132 2011 $125/126 value (no bids/offers) Over-the-counter iron ore swaps traded higher on Thursday as more volumes were exchanged for a number of prompts, brokers told MB. The market opened up higher and the volumes exchanged increased significantly from Tuesday and Wednesday. Swaps tied to deliveries in September traded three times:...

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