15
Sep
01:06
Iron ore, steel slide as Chinese economy stumbles
Seaborne iron ore prices and Chinese domestic steel futures prices both lost ground on Monday after a round of data releases over the weekend. China’s investment figures continued to decline and the real estate sector remains reluctant to start new project.
The Kallanish index for 62% Fe Australian fines dropped $1.38/t to $53.35/dry metric tonne cfr Qingdao on Monday. 170,000t of PB fines traded on GlobalOre at a $3.10/t premium to the Platts 62% Iodex fo…
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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