05
Apr
15:26
Iron ore holds as Atlas merger talk grows
Seaborne iron ore price held steady as China went on holiday for Tomb Sweeping. Atlas Iron and Mineral Resources meanwhile halted trading as they prepare to respond to speculation over a takeover.
The Kallanish index for 62% Fe Australian fines slipped $0.06/tonne to $63.27/dry metric ton cfr Qingdao. There was little spot market activity and Dalian was closed for the Chinese Tomb Sweeping holiday. On the Singapore Exchange, May 62% Fe futures settled up $0…
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Anonymous
Very good overview of the weekly steel market.
Anonymous