06
Jan
00:00
Chinese steel and iron ore firm up
China's steel and iron ore prices recovered slightly on Tuesday, ending their decline over the start of the year. The rebound was small but did confirm price levels for iron ore in the low $70s.
In the last few days of 2014 both steel and iron ore prices rebounded on the back of iron ore restocking. Iron ore port inventories declined to barely over 100 million tonnes as a result, Kallanish notes. However, at the start of the year, news of the cancelation…
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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