04
Oct
12:29
Iron ore quiet as market takes holiday
The lack of market activity due to the Chinese national holiday meant that iron ore had another quiet day on 2 October.
The Kallanish index for 62% Fe Australian fines upticked by $0.89/t to settle at $52.29/dry metric ton cfr Qingdao. There was some limited activity on the globalORE trading platform as 80,000 tonnes of MNP fines traded at $52/t for November delivery. There was hardly any price movement for the product on the SGX futures market.
Iron ore pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous