28
Jan
00:00
Steel, iron ore bump along 5-year price low
Iron ore prices continued to bump along their five-year low on Wednesday as a resumption of trading was not enough to boost prices. Chinese steel futures followed suit, although there was a small rebound in hot rolled coil.
The Kallanish index for 62% Fe Australian fines was down $0.70 to $62.68/dry metric tonne cfr Qingdao on 28 January. Two deals on the GlobalOre platform on Thursday confirmed iron ore at its current low level despite continued buying. Bot…
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Anonymous
Very good overview of the weekly steel market.
Anonymous