01
Nov
15:21
Iron ore flat while Samarco negotiates
Seaborne iron ore prices moved little on Wednesday despite ongoing deals on platforms. Samarco meanwhile may be close to a settlement which would eventually allow the supplier to restart.
The Kallanish index for 62% Fe Australian fines lost $0.28/t to $59.16/dry metric tonne cfr Qingdao. 170,000t of PB fines sold in tender at $58.55/t with a laycan in 24 November-3 December. Two 190,000t cargos of PB fines also sold at floating prices. On the Dalian Commodity Ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous