15
Jan
14:51
Iron ore defiantly nears $40/t
Seaborne iron ore prices continue to fight forecasts of another collapse, gaining slightly on Friday. Citigroup has again said iron ore could drop under $30/tonne this year, with a bear case at $28/t.
The Kallanish index for 62% Fe Australian fines gained $0.43/t to $39.83/dry metric ton cfr Qingdao on Friday. 75,000t of Standard Sinter Feed Guiaba traded on globalORE at a $1.5/t premium to a combination of the Metal Bulletin and MySteel 62% Fe indices. A combin…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous