07
Oct
16:42
Iron ore futures flatline as Chinese holiday nears end
The last official day of the Chinese public holiday has passed with no movement in iron ore futures on the Singapore Exchange.
The Kallanish index for 62% Fe Australian fines also remained static on Wednesday from Tuesday at $53.07/dry metric ton cfr Qingdao. There was one index linked trade on globalORE for 70,000 tonnes of Pilbara lumps for October delivery.
The market should see some movement tomorrow as commercial activities resume and China returns to wo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous