12
Oct
16:13
Iron ore moves little as trading slows
Iron ore continued in its hesitant mode at the start of a new week. A full return to work in China appeared to do nothing to either boost or noticeably repress market sentiment.
The Kallanish index for 62% Australian fines retreated just a little by $0.74, to reach $52.92/dry metric ton cfr Qingdao. There were no trades on the globalORE platform as futures markets in the Far East also remained quiet.
News from the worldsteel conference in Chicago (see related…
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Anonymous
Very good overview of the weekly steel market.
Anonymous