22
Mar
14:41
Iron ore firms as Roy Hill admits disruption
Seaborne iron ore prices regained some ground again on Thursday alongside firmer Chinese steel futures. Roy Hill meanwhile admitted that it had had difficulty sustaining run-rates until recently.
The Kallanish index for 62% Fe Australian fines recovered $0.42/tonne to $68.32/dry metric ton cfr Qingdao. 90,000 tonnes of Jimblebar fines sold at $60.51/t with a laycan in 4-13 April. On the Dalian Commodity Exchange May iron ore settled at CNY 467.5/t ($73…
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Anonymous
Very good overview of the weekly steel market.
Anonymous