11
Jan
16:28
Iron ore gains as cyclone closes in
Seaborne iron ore prices gained again on Thursday as they continued to bounce around their range in the high $70s. A cyclone off the Australian coast added to price pressures but Chinese demand remains the key variable for prices.
The Kallanish index for 62% Fe Australian fines rebounded $0.77/tonne to $78.55/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in tender at $77.88/t with a laycan in 31 January-9 February. 190,000t of PB fines also tr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous