24
Jul
15:29
Iron ore stalls as Atlas weighs debt repayments
Seaborne iron ore prices barely moved on Monday as Chinese steel futures prices fluctuated with little clear direction. With iron ore prices expected to have already passed their peak, marginal miners like Atlas Iron are weighing their strategies to survive the next downturn.
The Kallanish index for 62% Fe Australian fines dropped another $0.08/t to $67.03/dry metric tonne cfr Qingdao. 170,000t of PB fines were sold at $66.95/t with a laycan in 5-14 August. On t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous