29
Aug
16:04
Iron ore holds as Grange profits jump
Seaborne iron ore prices were steady again on Wednesday despite the weaker Chinese steel futures markets. Steady iron ore prices are starting to differentiate miners, with Grange Resources reporting higher profits, while Atlas is mired in losses.
The Kallanish index for 62% Fe Australian fines was up $0.10/t to $65.58/dry metric ton cfr Qingdao. On COREX, 110,000 tonnes of Mac fines sold at a floating price, while 40,000t of Brazilian Blend sold at CNY 535/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous