26
Mar
14:47
Iron ore firms as Lake Giles wins customer
Seaborne iron ore prices steadied on Tuesday as Australian iron ore ports came steadily back on-stream. MacArthur Minerals meanwhile gained the support of Glencore for its Lake Giles project.
The Kallanish KORE 62% Fe index gained $0.06/tonne to $85.49/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled down CNY 0.5/t at CNY 613.5/t ($91.39/t), while on the Singapore Exchange April 62% Fe futures settled up $0.20/t at $83.90/t.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous