15
Aug
15:23
Iron ore down but Mt Gibson remains bullish
Seaborne iron ore prices slipped again on Wednesday as output restrictions hit confidence. Mount Gibson remains confident however as it prepares to restart Koolan Island.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) was down $0.60/tonne on Wednesday to $66.62/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $65.53/t with a laycan in 1-10 September. On COREX meanwhile 170,000t of Brazilian Blend sold at $72.60/t with a laycan i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous