20
Aug
15:10
Steel drives iron ore higher
Seaborne iron ore prices were again pushed up by the bullish steel market on Monday, although prices remained in their range. Hancock’s takeover of Atlas is, meanwhile, making slow progress.
The Kallanish index for 62% Fe Australian fines gained $0.42/t to $67.37/dry metric tonne cfr Qingdao. 170,000t of PB fines sold at $66.26/t with a laycan in 2-11 September. On COREX, meanwhile, 170,000t of Brazilian Blend sold at $73.25/t for delivery in 12-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous