05
Apr
14:55
Steel margins drive premium iron ore price: Noble
International premium iron ore prices are mainly driven by Chinese steel mills' margins, and not by a rally in coal prices. So said Noble Group market analyst Gueorgui Pirinski speaking at the recent Kallanish Asia Steel Markets conference in VIetnam.
Seaborne coking coal prices climbed from $100/tonne to $300/t over August to November last year, and during that period many analysts blamed high premium iron ore prices on expensi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous