12
Apr
15:10
Iron ore slides as Mineral Resources warns Atlas
Seaborne iron ore prices continued to slide on Thursday even as deals continued at a steady pace. Falling prices supported comments from Mineral Resources’ chief executive this week that Atlas Iron needed a take-over before it lost too much money.
The Kallanish index for 62% Fe Australian fines slipped $0.60/t to $64/dry metric tonne cfr Qingdao. 170,000t of PB fines sold at $63.08/t with a laycan in 25 April-4 May. On globalORE, 170,000t of Brazilian Blen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous