13
Jul
16:02
Iron ore firm as import volumes drop
Seaborne iron ore prices were firm on Friday despite the rally in steel futures petering out. Import volumes came in lower than expected for June, but are likely to recover this month.
The Kallanish index for 62% Fe Australian fines gained another $0.48/tonne to $63.30/dry metric ton cfr Qingdao. 170,000 tonnes of Rio’s RTX brand fines sold at a floating price. On globalORE, 170,000t of Brazilian Blend sold at $70.1/t with a laycan in 31 July-9 August…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous