IRON ORE DERIVATIVES WRAP: OTC iron ore prices rebound on tender offers

Apr 27, 2012 | 12:13 PM |

Forward curve (from four brokers): May $141.50/144 June $139/141 Q3 2012 $136.50/137.50 Q4 2012 $132/135 Q1 2013 $130/132 2013 $125/127.50 2014 $115/118 Swaps Iron ore swaps prices firmed on Friday April 27 on the back of positive physical tender news after opening at lower levels, brokers told Metal Bulletin. “The market opened....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events