28
Jun
16:11
Iron ore firm as Atlas warns FMG
Seaborne iron ore prices crept higher on Thursday on the back of an uptick in Chinese steel futures. Atlas Iron meanwhile made clear to FMG that betting on it gaining development rights at Port Hedland would be very risky.
The Kallanish index for 62% Fe Australian fines gained $0.10/tonne to $63.68/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $62.5/t with a laycan in 15-24 July, while 70,000t of PB Lump sold at a $0.30/dmtu premium. O…
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Anonymous
Very good overview of the weekly steel market.
Anonymous