13
Sep
15:21
Iron ore jumps as Hancock closes on Atlas
Seaborne iron ore prices jumped on Thursday as the Chinese steel market enjoyed a small rebound. Hancock Prospecting meanwhile is hiking its offer for Atlas Iron as it enters its final stretch.
The Kallanish KORE 62% Fe Australian fines index gained $0.87/tonne to $69.27/dry metric ton cfr Qingdao, the highest level since 16 March. On COREX 170,000 tonnes of Brazilian Blend traded at $74.1/t with a laycan in 18-27 October, and 170,000t of Carajas fines ship…
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Anonymous
Very good overview of the weekly steel market.
Anonymous