25
Jul
21:16
Seaborne iron ore prices remain firm
The seaborne iron ore market remained quiet on Tuesday but still firmly range-bound in the mid-$60s territory.
The Kallanish index for 62% Fe Australian fines hardly moved again, increasing by just $0.03/tonne to $67.06/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore gained CNY 11/t to CNY 521/t ($77.18/t), while on the Singapore Exchange August 62% Fe futures also rose $1.59/t to $67.79/t.
Physical trading quietened compared t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous