25
Apr
16:12
Iron ore stalls as Minas Rio ramps up
Seaborne iron ore prices slowed their decline on Thursday amid some on-shore buying from port stocks. Anglo American meanwhile says it is making progress ramping up its Minas Rio mine.
The Kallanish KORE 62% Fe index slipped $0.38/tonne to $93.12/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled at CNY 620.5/t ($92.35/t), down CNY 1.5/t, while on the Singapore Exchange May 62% Fe futures settled up $0.04/t at $90.4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous