17
Dec
14:45
Iron ore price sees slight recovery continue
Seaborne iron ore continued to track upwards on Thursday following its brush with the mid-$30’s range during the past week. Bearish signals abound from the market however with a report by Goldman Sachs on iron ore prices in the mid-term being the latest to add to the gloom, according to Reuters.
The Kallanish index for 62% Australian fines moved upwards by $0.23 to $38.91/dry metric ton cfr Qingdao. There were no fixed price trades on globalORE. A 240…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous