22
Feb
14:43
Iron ore surge continues on steelmaking margins
Seaborne iron ore prices saw strong gains again on Monday as steelmakers continue to enjoy better margins than they have seen for some time. Inventories have gained despite mills buying, and steelmaking margins are unlikely to be this high again for some time.
The Kallanish index for 62% Fe Australian fines gained another $1.42/t to $49.45/dry metric tonne cfr Qingdao, its highest level since October. 155,000t of Standard Sinter Feed Guiaba traded on G…
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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