28
Jul
21:09
Iron ore upticks again
Seaborne iron ore prices strengthened again on Thursday in spite of a lull in physical trading. News that major Brazilian producer Vale had posted an improved set of second quarter financial results will have helped support market sentiment.
The Kallanish index for 62% Fe Australian fines rose again by $1.30 to reach $58.69/dry metric ton cfr Qingdao. There were no recorded trades on globalORE or other major platforms and little physical trading activity. Iron o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous