16
Nov
14:59
Iron ore firm as FMG prepares new product
Seaborne iron ore pries held firm on Friday despite a downturn in Chinese steel markets. FMG meanwhile is preparing to launch its new higher grade iron ore product.
The Kallanish KORE 62% Fe index gained $0.02/tonne to $75.16/dry metric ton cfr Qingdao. COREX saw 170,000 tonnes of PB fines trade at a floating price, while 20,000t of Brazilian Blend sold from port stocks in Dongjiakou at CNY 593/t. On the Dalian Commodity Exchange January 2019 iron ore settl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous