04
Sep
01:00
Iron ore flat, steel falling as Chinese restrictions end
Seaborne iron ore prices barely moved on Friday as China’s commemorative holiday reduced activity. After China celebrated the end of the Second World War on 3 September, restrictions on steelmaking also officially came to an end on Friday, Kallanish notes.
The Kallanish index for 62% Fe Australian fines hardly changed. It upticked by $0.06 to $53.97/dry metric ton cfr Qingdao. There were no deals concluded on globalORE.
Chinese steel futures wer…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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