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31 Oct
10:57

Raw materials prices firm up on China boost

Iron ore and coking coal prices have remained firm with the Kallanish index for 62% Fe Australian fines reaching its highest point since the end of April this year. Coking coal prices continue to remain firm over $150/tonne but for the next few days at least it is Chinese HRC prices which are pushing the market higher. The Kallanish index for 62% Fe Australian fines rose by $0.27 to $63.24/dry metric ton cfr Qingdao. PB fines sold in a tender on Monday at $63.59…
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