19
Jul
05:26
Chinese prices firm as Dalian, Vale blend ores
Chinese steel and iron ore prices gained strongly again on Wednesday amid continued optimism that the steel market can survive the summer slowdown. Vale, meanwhile, is pushing forward with a scheme to leverage the quality of its product to secure market share in China by blending locally.
The Kallanish index for 62% Fe Australian fines gained $1.23/t to $69.09/dry metric tonne cfr Qingdao, the highest level since mid-April. 100,000t of PB fines sold in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous