Iron ore price up, coke eases further
Prices of iron ore and coke, China's two core steelmaking raw materials, continued on their respective tracks over March 29-April 2, as the former strengthened further in tandem with soaring domestic steel prices, while the latter subsided further on higher supply but lower demand with the ongoing restriction on steel operations in Tangshan.
Last week, China’s national price of HRB400E 20mm dia rebar gained Yuan 203/tonne on week to Yuan 5,015/t including the 13% VAT as of April 2, or an over nine-year high.
