by Chris Becker
Spot prices slipped yesterday with the Tianjin price down over 1% while Dalian futures were also volatile in morning trade before recovering alongside other assets in China in the afternoon:
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Meanwhile, according to Metalminer China is expected to drive a surge in scrap imports, due to a recent relaxation of scrap import quotas on ore prices have remained stubbornly high. Increasing those imports could soften seaborne iron ore demand:
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