23
Oct
15:35
Iron ore firm as Anglo lifts guidance
Seaborne iron ore prices were firm on Wednesday. Anglo American meanwhile announced an increase in its shipment guidance for the year.
The Kallanish KORE 62% Fe index dropped $0.01/tonne to $88.24/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled at CNY 622/t ($87.90/t), up CNY 9/t, while on the Singapore Exchange November 62% Fe futures settled up $0.57/t at $84.13/t. In Tangshan, billet prices gained CNY …
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Anonymous
Very good overview of the weekly steel market.
Anonymous