30
Mar
16:17
Iron ore slips as China falters
Seaborne iron ore prices dropped again on Thursday but remained in the range just over $80/tonne where they have fluctuated all this week. Forecasters continue to expect Chinese steel demand to be down this year however, suggesting iron ore prices still have room to fall over the coming months.
The Kallanish index for 62% Fe Australian fines lost $0.56/tonne to $81.52/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold for $80.85/t cfr with a laycan…
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