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18 Aug
15:12

Iron ore and coking coal gain ground

Seaborne iron ore and coking coal prices increased on Thursday. Prices for steel and its raw materials have moved sharply and chaotically in the last few days. This is largely because there has not been enough spot volume on any market to clear up doubts over autumn demand. The Kallanish index for 62% Fe Australian fines recovered almost all ground lost on Wednesday, ending at $61.23/dry metric ton cfr Qingdao. A combo shipment traded on globalORE at a floating …
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