17
Dec
14:57
Iron ore holds as FMG ships new fines
Seaborne iron ore prices held firm near $70/tonne on Monday as ferrous markets lacked direction. FMG meanwhile launched the first cargo of its new higher-grade product.
The Kallanish KORE 62% Fe index slipped $0.01/t to $69.57/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange May 2019 iron ore settled up another CNY 7/t at CNY 488/t ($70.78/t), while on the Singapore Exchange January 62% Fe futures settled up $0.53/t at $68.72/t. In Tangsh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous