24
Oct
15:21
Iron ore remains steady alongside FMG operations
Seaborne iron ore prices barely moved on Thursday. FMG’s latest operations report, meanwhile, shows steady operations but a boost in cashflow.
The Kallanish KORE 62% Fe index slipped $0.03/t to $88.21/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled down CNY 0.5/t at CNY 621.5/t ($87.82/t), while on the Singapore Exchange November 62% Fe futures settled up $0.50/t at $84.63/t. Tangshan billet prices wer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous