04
Jun
14:34
Iron ore steadies as BHPB talks up demand
Seaborne iron ore prices steadied on Friday after falling into the mid-50s. BHP Billiton meanwhile says that China’s belt and road plan could generate strong demand for commodities in the coming years.
The Kallanish index for 62% Fe Australian fines was up $0.12/tonne at $55.83/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled at CNY 426.5/t ($62.72/t), up CNY 5/t, while on the Singapore Exchange Ju…
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Anonymous
Very good overview of the weekly steel market.
Anonymous