27
Jul
17:26
Iron ore jumps while Hancock targets Atlas shareholders
Seaborne iron ore prices jumped higher on Friday driven by surging Chinese futures markets. Hancock Prospecting is, meanwhile, rounding up the stragglers in its offer to purchase Atlas Iron shares.
The Kallanish index for 62% Fe Australian fines gained $1.23/t to $66.42/dry metric tonne cfr Qingdao. 170,000t of PB fines sold at $65.66/t with a laycan in 10-19 August, and another 170,000t sold at $65.85/t with a laycan in 19-28 August. On COREX, 170,000…
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Anonymous
Very good overview of the weekly steel market.
Anonymous