19
Jul
16:05
Seaborne iron ore prices slip in slow trading
Seaborne iron ore prices continued to fall on Tuesday as market sentiment appeared to weaken and futures exchanges also quietened.
The Kallanish index for 62% Fe Australian fines fell back by $0.38 to $54.98/dry metric ton cfr Qingdao. There were no trades on globalORE, either fixed price or index-linked and other platforms also remained quiet.
The fall-off in Chinese steel futures (see seperate article) will not have helped iron ore market confidence. I…
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Anonymous
Very good overview of the weekly steel market.
Anonymous