24
Jan
13:57
Iron ore steadies as Eliwana rail approved
Seaborne iron ore prices steadied on Friday after Chinese steel markets broke for the holidays. Fortescue Metals Group (FMG) meanwhile moved one step closer to developing its Eliwana project.
The Kallanish KORE 62% Fe index recovered $0.25/tonne to $94.03/dry metric ton cfr Qingdao. On the Singapore Exchange 62% Fe futures settled up $0.23/t at $91.03/t.
Chinese markets officially closed for the seven-day New Year holiday on Friday. Portside markets had already b…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous