11
Sep
15:10
Iron ore stumbles on steel price drop
Seaborne iron ore prices slipped on Tuesday as steel markets were roiled by rumours of eased production restrictions. With spot transactions few, sentiment is pushing prices around and is likely to continue to do so until formal restriction plans are announced.
The Kallanish KORE 62% Fe Australian fines index lost $0.44/tonne to $68.39/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Carajas fines shipped on 31 August sold at $96/t. On the Dalian Com…
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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