24
Nov
11:38
Steel, iron ore breathe after Monday’s rout
Seaborne iron ore prices managed to regain on Tuesday a few cents of the ground they have lost over recent days, while Chinese steel futures remained essentially flat from Monday.
The Kallanish index for 62% Fe Australian fines gained $0.05/t to $43.72/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines closed in a Rio Tinto tender on Tuesday at $43.33/t with a laycan in 12-21 December. There were also three index-linked cargos traded on globalORE. A 90,000t …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous