19
Jun
16:00
Iron ore remains firm but Citi pessimistic
Seaborne iron ore prices remained range-bound on Monday, supported by firm Chinese steel futures. Citi, meanwhile, expects further price declines through the year but that will only happen when steel prices fall.
The Kallanish index for 62% Fe Australian fines gained $0.06/t to $55.71/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled up CNY 4/t at CNY 433.5/t ($63.58/t), while on the Singapore Exchange July 62% F…
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Anonymous
Very good overview of the weekly steel market.
Anonymous