SWAPS REPORT: OTC iron ore volumes pick up, prices hold steady

Apr 12, 2012 | 12:11 PM |

Forward curve (from two brokers): April $149/151 May $146/148 June $144.50/149.50 July $143/147.50 Q3 2012 $142/146 Q4 2012 $138/141 2013 $128.50/132.50 2014 $116/120 Swaps Iron ore swaps prices varied within a tight range on Thursday April 12, closing the day at levels almost equal to those seen at the previous day’s close, brokers told Metal Bulletin. “There’s been a flurry of activity but nothing really moved....

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