03
Nov
03:45
Iron ore subdued as Hancock profits surged
Seaborne iron ore prices remained subdued last week despite signs of more support on Friday. Hancock Prospecting meanwhile has seen profits jump on strong operations and higher prices.
The Kallanish KORE 62% Fe index dropped $0.75/t to $85.27/dry metric tonne cfr Qingdao, down $2.99/t over the week. On the Dalian Commodity Exchange January 2020 iron ore settled up CNY 1/t at CNY 622.5/t ($88.45/t), while on the Singapore Exchange December 62% Fe futures settled …
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Anonymous
Very good overview of the weekly steel market.
Anonymous