06
Jan
17:02
Iron ore price dips but stays safely range-bound
Seaborne iron ore prices slipped downwards on Friday as another quiet week ended quietly. News of record shipments from Port Hedland in December (see separate article) possibly acted as a brake on sentiment, removing any immediate concerns about supply.
The Kallanish Index for 62% Fe Australian fines fell by $1.00/tonne flat to $77.40/dry metric ton cfr Qingdao. Futures prices dipped in both Singapore and Dalian, with the latter’s price falling to CNY 538.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous