13
Jan
00:42
Iron ore steadies at new level
Seaborne iron ore prices settled into their position below $40/tonne on Tuesday as final bookings were made for before Chinese New Year and one early booking was made for March. A more stable stock market gave sentiment some respite but steady is about as much as can be hoped for in the short term.
The Kallanish index for 62% Fe Australian fines recovered slightly by $0.31/t to $37.90/dry metric tonne cfr Qingdao. BHP Billiton sold 90,000t of Jimblebar fines at …
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Anonymous
Very good overview of the weekly steel market.
Anonymous