08
Oct
15:08
Iron ore gains while FMG confirms Simandou bid
Seaborne iron ore prices ticked higher on their return from the October holiday. FMG meanwhile is targeting Simandou.
The Kallanish KORE 62% Fe index gained $0.57/tonne to $93.50/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in tender at $92.53/t with a laycan in 3-12 November. On COREX meanwhile, 170,000t of Brazilian Blend sold at $93.5/t with a laycan in 2-11 November. On the Dalian Commodity Exchange January 2020 iron ore settled at CNY 65…
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Anonymous
Very good overview of the weekly steel market.
Anonymous