30
Nov
15:09
Iron ore strong as BHP targets output, costs
Seaborne iron ore prices increased again on Thursday on the back of a strong Chinese steel market. BHP Billiton meanwhile is aiming to cash in, reaffirming expansion plans and targeting $1.6 billion in productivity savings.
The Kallanish index for 62% Fe Australian fines gained $0.47/tonne to $67.41/dry metric ton cfr Qingdao. 170,000 tonnes of Brazilian Blend sold on globalORE at a floating price. On the Dalian Commodity Exchange May 2018 iron ore settled …
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Anonymous
Very good overview of the weekly steel market.
Anonymous