01
Aug
15:25
Iron ore prices slide but Rio profits
Seaborne iron ore prices slipped again on Thursday as steel markets remained under pressure. Rio Tinto meanwhile has been soaking up the benefits of high iron ore prices through the first half of 2019..
The Kallanish KORE 62% Fe index fell $2.35/tonne to $115.52/dry metric ton cfr Qingdao, the lowest level since June. On the Dalian Commodity Exchange September iron ore settled down at CNY 756.5/t ($109.9/t), while on the Singapore Exchange September 62…
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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