29
Mar
15:04
Iron ore firms, Aboriginals finally mine own ore
Seaborne iron ore prices continued to bounce around a range near $64/tonne on Thursday. Meanwhile a new, if small, player on the iron ore market has a unique aboriginal background.
The Kallanish index for 62% Fe fines gained $0.88/t to $64.62/dry metric ton cfr Qingdao, wiping out the $0.67/t loss the previous day. 170,000 tonnes of PB fines sold at $63.09/t with a laycan in 10-19 April. On the Dalian Commodity Exchange May iron ore settled flat at CNY…
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Anonymous
Very good overview of the weekly steel market.
Anonymous