22
Jun
01:00
Iron ore slides further as Chinese house prices slow to recover
Seaborne iron ore prices dipped further under $60/tonne on Monday as they prepared for their most difficult few months in terms of supply and demand. Chinese house price data confirmed the difficult climate, showing that a recovery in investment in the sector is likely to be slow.
The Kallanish index for 62% Fe Australian fines fell $1.15/t to $57.41/dry metric tonne cfr China on 22 June. 80,000t of PB fines traded on GlobalOre at $57.75/t cfr Qing…
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Anonymous
Very good overview of the weekly steel market.
Anonymous