16
Aug
18:01
Iron ore slides as Rio accident halts Channar
Seaborne iron ore slipped on Thursday despite steady Chinese rebar futures. Rio Tinto meanwhile was forced to halt activity at one mine after a fatal accident.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) siipped $0.67/tonne to $65.95/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $64.68/t with a laycan in 2-11 September. On the Dalian Commodity Exchange January 2019 iron ore settled down CNY 7.5/t at CNY 496.5/t ($), while …
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Anonymous
Very good overview of the weekly steel market.
Anonymous