01
Aug
15:34
Iron ore gains again as FMG talks power
Seaborne iron ore prices continued to increase on Tuesday, maintaining their momentum after Monday’s sharp rise. FMG meanwhile, still seeing its product trade at a discount to 62%, is looking for new ways to boost its business.
The Kallanish index for 62% Fe Australian fines gained $0.87/tonne to $73.23/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold for $72.85/t with a laycan in 14-23 August. On the Dalian Commodity Exchange September iro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous