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26 Sep

Iron ore, coking coal hold firm

Iron ore and coking coal prices were firm on Wednesday amid a mixed day for steel markets. There is no shortage of iron ore in the market but mills so far expect to remain profitable in the coming months due to a tight steel market. The Kallanish KORE 62% Fe fines index gained $0.12/tonne to $68.03/dry metric ton cfr Qingdao. COREX saw 170,000 tonnes of PB fines trade at a floating price. On the Dalian Commodity Exchange January 2019 iron ore settled up CNY…
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