04
Feb
10:10
Iron ore jumps into Chinese New Year holiday
Seaborne iron ore prices gained again on Thursday, with low Australian shipments surprising many and deals for March delivery pushing up pricing. China meanwhile continues to try to reassure on its economy, with limited success.
The Kallanish index for 62% Fe Australian fines rose sharply by $2.61 to $44.78/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines traded on GlobalOre at $45.85/t for March delivery. The steady increase from previous deals shows a co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous