SteelHome Express: Quotation of Iron Ore Edged down amid Sharp Declines of Futures Price on Monday Quotation of imported iron ore on Tangshan market decreased by 5-10 yuan/t on Monday. Then the prevailing quotation on the market: PB fines is 795-795 yuan/t; PB lump is 865-875 yuan/t; Jimblebar fines is 725-730 yuan/t; Super Special fines is 665-675 yuan/t; Brazilian IOCJ is 955-960 yuan/t. Due to the sharp drop of futures price, some traders with hedging operations lowered the transaction price for PB fines to 780 yuan/t. Other traders awaited further market developments, being inactive on low-price selling. Meanwhile the prevailing products transacted today were medium low Fe grade Australian fines. Link: Chinese Traders' Quotation of Spot Iron Ore at Ports for Jun 22