20
Feb
00:00
Iron ore still on holiday, chinese mills remain bearish, Macquarie survey says
In spite of Chinese New Year festivities and a fairly dead market, the TSI Iron Ore CFR China (62% FE Fines) Index Futures Contract on the Singapore Futures Exchange upticked slightly on 20 February.
There were no trades on the globalORE trading platform, either fixed price or index-linked. The Kallanish Index for 62% Fe Australian fines rose slightly by $0.12 to $63.62/dry metric tonne cfr Qingdao on Friday.
Analyst Macquarie’s latest monthly C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous