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03 Sep
01:00

Iron ore price remains steady as China public holiday begins

Iron ore futures remained steady on Thursday as the market continues to weigh up how the Chinese steel sector will perform for the rest of the year. Steel futures in Shanghai had a well-deserved day off as China celebrated the 70th anniversary of the ending of hostilities in the second world war with a 3-day holiday. The Kallanish index for 62% Fe Australian fines fell slightly by $0.75 to $53.91/dry metric ton cfr Qingdao. A cargo of 80,000 tonnes of 58% Ya…
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