21
Jan
12:08
Iron ore slides further as Aurizon struggles
Seaborne iron ore prices slid further on Thursday as buying remained unable to absorb supply. News that Australia’s Aurizon is attempting to renegotiate some of its haulage contract showed how the collapse in commodity prices is spreading across the mining and mining services sector.
The Kallanish index for 62% Fe fines fell by $0.28 to settle at $40.03/dry metric ton cfr Qingdao. A tender for 170,000 tonnes of PB fines closed at $40.89/t with a laycan in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous