23
Sep
12:06
Steel and iron ore remain steady on mixed economic outlook
Seaborne iron ore and Chinese steel futures prices recovered very slightly on Wednesday. China’s economic outlook is mixed with an expected recovery yet to arrive and inventory and production levels are likely to shape short term dynamics.
The Kallanish index for 62% Fe Australian fines moved slightly upwards by $0.24 to $53.99/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines traded on globalORE at $53/t for December delivery, while 80,000t of Yandi …
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Anonymous
Very good overview of the weekly steel market.
Anonymous