06
Feb
14:17
Iron ore flat while FMG discount widens
Seaborne iron ore prices were flat on Tuesday as a spurt of purchasing came to an end. FMG meanwhile is still gaining less from stronger prices, with its discount increasing even further in February.
The Kallanish index for 62% Fe Australian fines slipped $0.13/tonne to $75.19/dry metric ton cfr Qingdao. On globalORE 90,000 tonnes of Jimblebar sold at a floating price. On the Dalian Commodity Exchange May iron ore settled up CNY 2.5/t at CNY 522/t ($82.92/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous