30
Mar
01:00
Iron ore depressed amid Australian soap opera
Seaborne iron ore and steel futures move only slightly on Monday as the markets took a breather from finding their new level over the last ten days or so. Meanwhile, a continuing verbal spat between Australian mining executives provided some comic relief from the weakening market, Kallanish notes.
The Kallanish index extended its historic low to $52.47/dry metric ton cfr Qingdao. One index-linked trade was completed on the GlobalOre exchange. 170,000t of PB …
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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