14
Feb
16:25
Iron ore remains firm as holidays begin
Iron ore has continued to strengthen in the lead-up to the Chinese Spring Festival holidays. Futures prices also gained in both Dalian and Singapore on Wednesday, the final day of trading in China before the break.
The Kallanish index for 62% Fe Australian fines upticked slightly by $0.08/tonne to $77.27/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange (DCE) May iron ore settled at CNY 535.5/t ($84.37/t), up CNY 9.5/t, while on the Sin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous