23
Nov
14:09
Iron ore firms as coking coal deals signed
Seaborne iron ore prices gained further on Wednesday on a bullish futures market. Even though coking coal futures dipped slightly, there were still signs of strong spot market prices and one of the biggest coking coal suppliers signed key 2017 contracts.
The Kallanish index for 62% Fe Australian fines strengthened $1.1/t to $73.55/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange, January iron ore surged to its limit at CNY 616.5/t ($89.48/t), bu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous