27
Mar
14:42
Iron ore slides as miners catch up
Seaborne iron ore prices slid a little further on Wednesday. Australian miners have now fully restarted operations and are catching up with lost shipments.
The Kallanish KORE 62% Fe index slipped $0.24/tonne to $85.25/dry metric ton cfr Qingdao. On COREX 170,000 tonnes of Carajas fines shipped on 15 March sold at $96.50/t. On the Dalian Commodity Exchange May iron ore settled flat from Tuesday at CNY 613.5/t ($91.38/t), while on the Singapore Exchange April…
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Anonymous
Very good overview of the weekly steel market.
Anonymous