24
Mar
12:04
Firm iron ore offers positive 2017 outlook: Ferrexpo
Prices averaging at $86/tonne so far in 2017 for 62% iron ore Fe fines, versus the 2016 average of $58/t, plus the recovery of pellet premiums to reflect “… tight” market conditions point to a positive outlook for 2017. So says Ukraine-based iron ore pellet producer Ferrexpo.
Moreover, while demand for high-grade iron ore remains strong, the pellet industry has high entry barriers given the capital intensity of new investment, meaning Fer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous