27
Feb
05:28
Iron ore slips again as sentiment turns
Seaborne iron ore prices slipped back a little further on Friday as momentum behind the recent price rally faded. Sentiment is turning in the market as the upbeat return from the Chinese New Year holidays slowly gives way to a more moribund outlook on the wider economy.
The Kallanish index for 62% Fe Australian fines dipped by $0.16/t to $47.98/dry metric ton cfr Qingdao. 70,000 tonnes of Yandi fines traded on globalORE at $42/t for March delivery. 170,000t of P…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous