02
Jul
11:29
Australian supply firms, iron ore dips under $100/t
Seaborne iron ore futures slipped again on Thursday, with 62% Fe finally dropping under $100/tonne. According to estimates from Marine Traffic, the total iron ore shipments of the four top mining companies in Australia – Rio Tinto, BHP, FMG and Roy Hill – were 82.2 million tonnes in June.
The Kallanish KORE 62% Fe index slipped $1.44/t to $99.18/dry metric tonne cfr Qingdao, slipping under $100/t for the first time since 4 June. The Kallanish KORE…
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Anonymous
Very good overview of the weekly steel market.
Anonymous