28
Apr
15:30
Iron ore firms despite Chinese sinter closures
Seaborne iron ore prices gained a little on Thursday after buyers re-entered the market despite sinter plants in Tangshan being closed down. The fall back from highs last week was also not enough to put off the World Bank, which has raised its iron ore average price forecast for 2016.
The Kallanish index for 62% Fe Australian fines recovered $1.52/t to $62.05/dry metric ton cfr Qingdao. globalORE saw two Brazilian fixed price cargos trade in the afternoon. 150,0…
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Anonymous
Very good overview of the weekly steel market.
Anonymous