20
Jun
16:52
Iron ore slides as Mineral Resources drops bid
Seaborne iron ore prices are still being hit by fears that the emerging trade war could impact commodity demand. In Australia meanwhile Atlas Iron looks set to approve a bid by Hancock Prospecting after Mineral Resources chose not to make a counteroffer.
The Kallanish index for 62% Fe Australian fines fell another $1.1/tonne to $63.80/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold at $62.56/t with a laycan in 6-15 July. 80,000t of PB fines also…
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Anonymous
Very good overview of the weekly steel market.
Anonymous