09
Aug
15:27
Iron ore flattens in quiet holiday
Seaborne iron ore prices were broadly flat on Thursday with the holiday in Singapore dampening activity. Mills are continuing to secure iron ore supply, as a recent Hegang deal shows.
The Kallanish index for 62% Fe Australian fines settled $0.01/tonne higher at $69.20/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2019 iron ore settled down CNY 1.5/t at CNY 510/t ($74.74/t), while on the Singapore Exchange, September 62% Fe futures set…
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Anonymous
Very good overview of the weekly steel market.
Anonymous