08
Jun
15:11
Iron ore firms despite forecast risks
Seaborne iron ore prices firmed on Wednesday ahead of China’s Dragon Boat holiday despite the beginning of new output restrictions in Tangshan. The troubled wider economic climate meanwhile was indicated by the World Bank, which lowered its global GDP forecasts but kept those for China steady.
The Kallanish index for 62% Fe Australian fines strengthened another $0.90/t to $50.19/dry metric ton cfr Qingdao. There were no deals heard on Wednesday, the last d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous