10
Nov
01:04
Iron ore rebounds on Brazilian disaster
Seaborne iron ore prices rebounded on Monday, buoyed by expectations of disrupted supply following the fatal collapse of a dam at Brazil’s Samarco last week. The miner primarily supplies the America’s and Europe but the impact was still felt in China as the 30 million tonne/year pellet producer could be out of action for some time.
The Kallanish index for 62% Fe Australian fines gained just over a $1/t on Monday to $48.08/dry metric tonne cfr Qingdao…
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Anonymous
Very good overview of the weekly steel market.
Anonymous