29
Sep
11:24
Iron ore firms as Citi predicts delayed fall
Seaborne iron ore prices moved up slightly on Tuesday, showing their resilience compared to steel. Another bearish iron ore report from Citigroup hinted at further price falls after the October national holiday in China.
The Kallanish index for 62% Fe Australian fines moved upwards by over one dollar reaching 54.01/dry metric ton cfr Qingdao. A 90,000 tonnes cargo traded on globalORE in the MNP category at $52.8/t for October delivery. A 190,000t cargo of P…
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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