30
Jun
15:41
Iron ore jumps while Australia limits port costs
Seaborne iron ore prices gained sharply on Thursday on the back of a stronger Chinese steel market. The West Australian government meanwhile has said it will continue its reduced port charge policy for another year.
The Kallanish index for 62% Fe Australian fines gained another $0.74/t to $53.14/dry metric ton cfr Qingdao. Fortescue Blend sold on Corex on Thursday at a floating price. A 170,000 tonnes cargo of PB fines sold in tender on Wednesday at $53.11/t wit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous