08
Jun
15:19
Iron ore becalms as China holidays
The seaborne iron ore market took its customary Chinese holiday break while the country sailed its Dragon Boats on Friday. There was little movement in either the iron ore market or the price.
The Kallanish KORE 62% Fe index slipped just $0.18/tonne to $98.25/dry metric ton cfr Qingdao. The Dalian Commodity Exchange was closed for the holiday, while on the Singapore Exchange July 62% Fe futures rose by $0.09/t to $95.50/t. In Tangshan, billet pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous