06
Nov
14:49
Iron ore firm as miners court China
Seaborne iron ore held its ground on Tuesday despite the slump in Chinese steel futures prices. Miners meanwhile were in Shanghai demonstrating their willingness to cooperate with China’s economic showcasing.
The Kallanish KORE 62% Fe index slipped $0.06/tonne to $74.91/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2019 iron ore settled up CNY 3.5/t at CNY 514/t ($74.53/t), while on the Singapore Exchange December 62% Fe futures…
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Anonymous
Very good overview of the weekly steel market.
Anonymous