19
Jan
14:12
Iron ore drifts as HKEX announces futures contract
Seaborne iron ore prices trended lower again on Thursday as futures prices dipped. The Hong Kong Exchange meanwhile hopes to shake up the derivatives market with a new futures contract later this year.
The Kallanish index for 62% Fe Australian fines dropped $0.87/tonne to exactly $80/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in a tender at $79.88/t with a laycan in 4-13 February, down from a deal at $80.88/t the previous day.
On the Dal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous