19
Oct
10:49
Iron ore slips as FMG targets green
Seaborne iron ore prices ticked lower at a slower pace on Friday. FMG meanwhile is targeting green energy solutions for its mines.
The Kallanish KORE 62% Fe index slipped $0.07/t to $88.40/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled down CNY 2.5/t at CNY 609/t ($85.92/t), while on the Singapore Exchange November 62% Fe futures settled down $0.27/t at $82.54/t. In Tangshan, billet prices gained CNY 10/t to CNY 3,35…
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Anonymous
Very good overview of the weekly steel market.
Anonymous