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17 Feb
00:00

No sign of iron ore price recovery as holiday beckons

Two iron ore trades were concluded during the afternoon on Singapore’s globalORE platform on 17 February, during what should be a quiet week in the sector. Meanwhile iron ore futures prices on the Singapore Exchange showed little movement as the market finally appears to be settling in advance of Chinese New Year celebrations. The Kallanish index for 62% Fe Australian fines fell by $0.80 (-1.2%) to $63.75/dry metric tonne cfr Qingdao on 17 February. Tw…
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