20
May
15:28
Iron ore firms but remains in range
Seaborne iron ore prices firmed very slightly on Friday as futures prices ticked marginally upwards. Buying remained minimal however and there was little sign of anything that could drive prices higher.
The Kallanish index for 62% Fe Australian fines gained $0.58/t to $53.30/dry metric ton cfr Qingdao. There were no deal confirmed on the major trading platforms but futures prices ticked slightly lower. With buying weak, iron ore could take its next signal from t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous