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.
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. On Sat, Apr 28, 2012 at 11:38 AM, RAJESH DESAI <[email protected]> wrote: > *Raw materials - Input costs :* > > I am starting this thread to track prices of inputs. Members are > requested to share information. > > Low-carbon ferrochrome prices continue to rise, with producers unwilling > to sell at lower levels over the past few weeks. > > Prices for 0.10-percent material have risen to $2.20 to $2.25 per pound > from $2.18 to $2.23 previously. Truckloads of business have been reported > at the higher end of the range this past week. > good news for producer companies & bad news for steel mfgr.cos. > > -- > CA. Rajesh Desai > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
