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01 May
16:46

Iron ore firm as GFG secures supply

Seaborne iron ore prices remined firm going into the Labour Day holiday. GFG Alliance meanwhile had finally proposed an investment in Havilah Resources. The Kallanish KORE 62% Fe index gained $1.14/tonne to $93.83/dry metric ton cfr Qingdao. The Dalian Commodity Exchange was closed for the Labour Day holiday. On the Singapore Exchange, June 62% Fe futures settled down $1.85/t at $91.45/t. On 1 May billet prices in Tangshan gained CNY 20/t to CNY 3,590/…
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