03
Jul
14:51
Iron ore stalls as Rio tweaks PB fines
Seaborne iron ore prices barely moved on Tuesday as the Chinese steel market too took a breather. New sales of a lower-value Rio Tinto product did cause some concerns in the market however.
The Kallanish index for 62% Fe Australian fines dropped $0.04/tonne to $63.51/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $62.41/t with a laycan in 19-28 July, followed by another 100,000t at $62.47/t with a laycan in 20-29 July. 80,000t of Newman Lump…
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Anonymous
Very good overview of the weekly steel market.
Anonymous