26
Nov
12:00
Iron ore steadies on Vale cutback speculation
Seaborne iron ore prices moved little on Thursday as the market waited for the next big trigger. Some rare positive news for the market came from analysts suggesting that Vale may have to cut back its targeted output volumes more than expected.
The Kallanish index for 62% Fe Australian fines upticked slightly by $0.31 to $43.91/dry metric ton cfr Qingdao. Two shipments of Standard Sinter Feed Guiaba, one 170,000 tonnes and one 100,000t, traded on globalORE at a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous