18
May
15:10
Iron ore falls but Congo looks to grow
Seaborne iron ore prices lost ground on Friday as Chinese steel markets turned downwards. Money is meanwhile being raised to expand iron ore shipments from the Republic of Congo.
The Kallanish index for 62% Fe Australian fines slipped $0.56/tonne to $66.52/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold in tender at $65.5/t with a laycan in 2-11 June. On the Dalian Commodity Exchange September iron ore settled down CNY 1/t from Thursday and CNY …
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Anonymous
Very good overview of the weekly steel market.
Anonymous