27
Jul
17:07
Iron ore jumps while Atlas breaks even
Seaborne iron ore prices had another strong day on Wednesday as futures prices continued to be buoyed by a stronger Chinese steel market. Australia's Atlas Iron meanwhile says it has managed to finish its last financial year with costs below its realised prices.
The Kallanish index for 62% Fe Australian fines gained another $1.12/t to $57.39/dry metric ton cfr Qingdao. That remains just shy of the $57.56/dmt it hit on Thursday last week. The major excha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous