23
Jun
16:10
Iron ore range-bound as port costs rise
Seaborne iron ore prices held steady on Friday amid a round of buying, although they remained within their range in the mid-$50s however. West Australia has slightly boosted the cost of using Pilbara ports, but continued to give a break to two of its most vulnerable miners.
The Kallanish index for 62% Fe Australian fines gained $0.34/tonne to $56.11/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in tender at $55.71/t with a laycan in 21-30 July…
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Anonymous
Very good overview of the weekly steel market.
Anonymous