13
Nov
15:01
Iron ore flat as FMG flags China policy
Seaborne iron ore prices were little moved on Friday but the fundamentals showed little sign of improvement with inventories rising and steel output falling. FMG meanwhile says that supply is no longer the deciding factor for prices, and Chinese economic policy is now the key.
The Kallanish index for 62% Fe Australian fines gained $0.14/t on Friday to $47.69/dry metric ton cfr Qingdao. There were no confirmed deals on globalORE but there were reports that Rio Ti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous