30
Mar
16:22
Iron ore slips amid steady supply
Seaborne iron ore prices slipped a little on Monday amid the weak global economic outlook. Australia’s FMG says it is not expecting to change its shipment guidance despite the virus, and the growing threat of oversupply.
The Kallanish KORE 62% Fe index dropped $0.26/tonne to $84.40/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled at CNY 645/t ($90.95/t), down CNY 15.5/t, while on the Singapore Exchange April 62% Fe futures se…
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Anonymous
Very good overview of the weekly steel market.
Anonymous