The imported ore market fell slightly on May 7.According to the Lange Steel network monitoring data, as of 15:00, Singapore iron ore swap main consecutive contract of 118.1 dollars, down .27%.Rizhao Port 61.5% PB powder reference price is 885 yuan, down 5 yuan compared with the last working day, 61% Mike powder reference price is 870 yuan, down 5 yuan compared with the last working day.Qingdao port 61.5% PB powder reference price is 885 yuan, down 5 yuan compared with the last working day.61% Mike powder reference price is 865 yuan, down 5 yuan from the last working day.The reference price of 61.5% PB powder in Tianjin Port is 900 yuan, which is the same as in the previous working day; the reference price of super special powder is 750 yuan, down 5 yuan compared with the previous working day.
The imported mining market fell slightly today.Iron ore main contract yesterday night high shock, this morning price shock run, afternoon price shock fell.Affected by the weakening of the main iron ore contract, the port spot price fell slightly, traders speculative sentiment is general, the price of shipment mainly; steel mills still need to replenish the warehouse support, procurement to powder ore, block ore, blast furnace is still in the recovery stage, with the increase of blast furnace recovery, the consumption of steel mills on iron ore recovery, short-term iron ore demand has support.
Overall, it is expected that the import mining market will adjust slightly on May 8.










