28
May
16:22
Iron ore slides while FMG approves Eliwana
Seaborne iron ore prices slipped a little further on Monday despite Chinese steel markets levelling out. FMG meanwhile has approved its plans to sustain its current output while boosting its Fe content.
The Kallanish index for 62% Fe Australian fines slipped another $0.23/tonne to $63.50/dry metric ton cfr Qingdao. 100,000 tonnes of PB fines sold at $62.17/t with a laycan in 7-16 June. On COREX, 85,000t of Carajas fines sold at $83.05/t with a laycan in 6-1…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous