02
Jul
15:59
Iron ore surges while Roy Hill approaches capacity
Seaborne iron ore prices jumped again on Tuesday. Meanwhile, Roy Hill has been increasing its shipment volumes but is still slightly short of its targeted volumes.
The Kallanish KORE 62% Fe index jumped another $4.75/tonne to $124.41/dry metric ton cfr Qingdao. On COREX, 80,000 tonnes of Newman fines sold at a floating price. On the Dalian Commodity Exchange September iron ore settled up another CNY 31/t at CNY 886.5/t ($129.54/t), and CNY 91/t higher than …
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Anonymous
Very good overview of the weekly steel market.
Anonymous