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13 Nov
16:32

Iron ore remains firm on HKEX debut

Seaborne iron ore prices remained firm on Monday on the back of higher steel futures prices. The Hong Kong Exchange (HKEX) meanwhile launched its new iron ore futures product, looking to challenge Singapore. The Kallanish index for 62% Fe Australian fines gained $0.29/tonne to $63.05/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $62.29/t with a laycan in 1-10 December. On the Dalian Commodity Exchange January 2018 iron ore settled at C…
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