11
Dec
04:27
Iron ore prices slip further
Seaborne iron ore prices continued to settle, crossing back slightly below the $80/tonne mark on Friday. Roy Hill meanwhile mentioned it was adding headcount, reminding the market that there is still new supply coming on stream in the coming months.
The Kallanish index for 62% Fe Australian fines dipped another $0.50/tonne to $79.60/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange, May iron ore closed at CNY 618/t ($89.6), down CNY 16.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous