14
Jul
15:21
Iron ore dips as BHPB appears to underperform
Seaborne iron ore prices have pulled back from recent increases as China’s steel price rally lost steam. Reports that BHP Billiton has likely missed its shipment target for the year ended June 2016 meanwhile do not imply any shortage of supply.
The Kallanish index for 62% Fe Australian fines dipped $1.24/t to $55.57/dry metric ton cfr Qingdao. There were still no fixed price spot deals on the major platforms. Iron ore this week has largely been driven by Cā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous