25
Jan
12:06
CuFe restarts JWD output, eyes end-January port delivery
CuFe has recommenced mining at its Australia-based JWD iron ore project, following an improvement in iron ore prices, with product expected to be ready for haulage to port by end-January.
The firm has simultaneously commenced building a hedge book to cover future sales. To date positions have been taken, basis March quotation period, with 10,000 tonnes swapped at $120.7/tonne and 20,000 dry metric tonnes (dmt) of collars entered with a floor price of $110/dmt and …
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Anonymous
Very good overview of the weekly steel market.
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