21
Oct
16:19
Iron ore futures dip again in quiet trading
Iron ore markets in the Far East continue to be slow, not helped by a dip in iron ore futures in Singapore. Steel futures prices however gained a little following slippage on Tuesday.
The Kallanish index for 62% Australian fines dipped by $0.83 to $50.32/dry metric ton cfr Qingdao. There were no fixed price trades on globalORE for the 8th successive day and no activity on the index-linked platform. The Kallanish index is now at its lowest point for nearly t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous