06
Mar
13:56
Iron ore slides as Atlas turns to lithium
Seaborne iron ore prices continued to slide gently on Tuesday as the quiet market drifted downwards in the absence of support from steel prices. Marginal Australian miners are pursuing strategies to survive a downturn in prices, with Atlas Iron relying on a new lithium deal.
The Kallanish index for 62% Fe Australian fines slipped another $1.70/tonne to $75.37/dry metric ton cfr Qingdao. On globalORE 115,000 tonnes of Carajas fines sold at $92.35/t with a la…
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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