The Asian seaborne iron ore market continued to rise Thursday, supported by the steel market and restocking needs from end-users.Strong performance of steel prices supported the iron ore market, with rebar trading at a decent volume in the downstream market.
Steel inventory in the market was decreasing at a faster pace than last month, showing there was strong demand for steel products from end-users
Disclaimer: this article is from the network, the copyright belongs to the original author, and only represents the original author's viewpoint.
|