03
Aug
15:45
Iron ore firm, Hancock controls 50% of Atlas
Seaborne iron ore prices were fairly steady on Friday, as iron ore futures gained but steel prices slipped slightly. The take over or Atlas Iron by Hancock Prospecting meanwhile entered its next phase, with Hancock now controlling over 50% of Atlas.
The Kallanish index for 62% Fe Australian fines dipped $0.20/tonne to $66.04/dry metric ton cfr Qingdao. On globalORE, 170,000 tonnes of Brazilian Blend sold at $72.8/t with a laycan in 17-26 August, while 170,0…
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Anonymous
Very good overview of the weekly steel market.
Anonymous