China's mixed steel market keeps iron ore prices stable

Iron ore prices were largely rangebound on Wednesday August 16, amid a mixed steel market in China, where mills continue to show a preference for higher-grade materials.

Key drivers China’s spot prices for rebar fell 10-20 yuan ($1.50-3) per tonne during the day, while those for hot rolled coil increased by 10-30 yuan ($1.50-4.50) per tonne. While the number...


July Zhang

August 16, 2017

11:25 GMT