02
Feb
14:24
Iron ore ticks up as stocks fall
Seaborne iron ore prices gained a little further on Tuesday, extending their streak to six trading days. A continuing fall in iron ore port stocks however had more to do with an end to restocking than supply.
The Kallanish index for 62% Fe Australian fines increased another $0.36/tonne to $42.79/dry metric ton cfr Qingdao. 73,000 tonnes of Standard Sinter Feed Guiaba traded at $44.75/t cfr Qingdao for March delivery on globalORE. Another 90,000t also traded in t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous