14
Jan
17:18
Iron ore upticks as trading does likewise
Seaborne iron ore prices upticked on Thursday as trading appeared to get busier. The latest fall in prices seen at the beginning of this week appears to have been arrested for the moment.
The Kallanish index for 62% Fe Australian fines rose by $1.06 to $39.40/dry metric ton cfr Qingdao. 90,000 tonnes of MNP fines traded on globalORE at $38.5/t for February delivery. Another 170,000t of 62% PB fines traded at a +$2.15/t premium to the Platts 62% Iodex. A further …
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Anonymous
Very good overview of the weekly steel market.
Anonymous