16
Jul
15:12
Iron ore slips as Atlas recommends Hancock offer
Seaborne iron ore prices slipped a little on Monday amid quiet buying activity. Atlas Iron, meanwhile, has formally recommended its shareholders accept a takeover by Hancock Prospecting.
The Kallanish index for 62% Fe Australian fines dipped $0.58/t to $62.72/dry metric tonne cfr Qingdao. 170,000t of PB fines sold at $61.61/t with a laycan in 30 July-8 August. On the Dalian Commodity Exchange September iron ore settled unchanged for the third day at CN…
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Anonymous
Very good overview of the weekly steel market.
Anonymous