27
Jul
15:16
Iron ore flat as Goldman expects hike
Seaborne iron ore prices moved only slightly Thursday as the Chinese steel futures markets fluctuated. Goldman Sachs meanwhile released new price forecasts that suggested it now expects prices to increase before they decline, in marked contrast with its earlier predictions.
The Kallanish index for 62% Fe Australian fines slipped $0.28/tonne to $68.78/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled at CNY 522/t ($…
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Anonymous
Very good overview of the weekly steel market.
Anonymous