01
Apr
20:16
Seaborne iron ore slides again
Seaborne iron ore prices lowered again on Wednesday as the effect of Covid-19 on the global steel industry intensifies. Two iron ore producers in South Africa meanwhile have restarted mining operations but on a much-reduced scale.
The Kallanish KORE 62% Fe index fell by $2.47/tonne to $81.40/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $80.3/t with a laycan in 1-10 May. On the Dalian Commodity Exchange, the September 2020 contract settled at CNY5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous