13
Dec
14:54
Iron ore firm as Koolan targets March shipment
Seaborne iron ore prices gained on Thursday alongside ferrous futures prices. Mount Koolan meanwhile is finally nearing its first shipment in the first quarter.
The Kallanish KORE 62% Fe index gained $0.59/tonne to $67.40/dry metric ton cfr Qingdao. On globalORE 90,000 tonnes of Mac fines traded at a floating price and 80,000t of Newman Lump sold at a $0.368/dmtu premium. On the Dalian Commodity Exchange May 2019 iron ore settled down CNY 0.5/t at CNY 476/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous