21
Dec
14:41
Iron ore firm as Vale ramps up S11D
Seaborne iron ore prices held steady on Thursday amid slower buying and a slight recovery in steel futures. Vale meanwhile confirmed its S11D production schedule, highlighting a continued increase in supply in the near term.
The Kallanish index for 62% Fe Australian fines slipped $0.04/tonne to $72.36/dry metric ton cfr Qingdao. 170,000 tonnes of Brazilian Blend sold on COREX at a floating price, while another 15,000t sold from port stocks at CNY 515/t ($78…
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Anonymous
Very good overview of the weekly steel market.
Anonymous