05
Oct
15:54
Iron ore takes a break as China holidays
With China still on holiday, iron ore remained more or less becalmed at the beginning of another week.
Futures prices upticked slightly in Singapore but there was no activity of the globalORE trading platform for either fixed or index-linked trades.
The Kallanish index for 62% Australian fines also upticked by $0.36 to $52.65/dry metric ton cfr Qingdao. The index last dipped below the, albeit artificial, psychological limit of $50/dmt in mid-July, since when …
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Anonymous
Very good overview of the weekly steel market.
Anonymous