16
Sep
18:44
Iron ore price remains in gentle decline
Seaborne iron ore prices ended last week with a further gentle slide as the market remained quiet and sentiment still bearish. The three-day China national holiday did not help to dispel market lethargy.
The Kallanish index for 62% Fe Australian fines slipped back again by $0.10 to $55.82/dry metric ton cfr Qingdao. There were no fixed price trades on globalORE but 170,000 tonnes of 63.5% Brazilian fines traded at a floating price on that platform for November dā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous