09
Feb
15:07
Iron ore remains calm in New Year hiatus
With with little or no physical trading activity in China due to the holiday, the seaborne iron ore market has remained quiet as this week unfolds.
The Kallanish index for 62% Fe Australian fines dipped gently by $0.15 to $44.19/dry metric ton cfr Qingdao. There was no trading activity on the globalORE platform but iron ore futures also moved slightly downwards in Singapore.
China is officially on holiday until 13 February, although the trickle-back to w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous