29
Sep
04:58
Iron ore subdued, Atlas deals with creditors
Seaborne iron ore prices remained subdued at the end of the last week as the holiday week approached and sentiment in Tangshan was fading. Hancock meanwhile has overcome one hurdle in its Atlas take over, with an agreement over the Atlas term loan.
The Kallanish KORE 62% Fe index gained $0.03/tonne to $68.14/dry metric ton cfr Qingdao, down $0.87/t from a week earlier. On COREX, one 90,000-tonne and one 80,000-t cargo of Mac fines sold at floating prices, w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous