06
Jan
21:14
Iron ore futures fall again
China Iron ore futures fell for the third consecutive day on 6 January as late December’s price rally appears to have disappeared back over the horizon.
The rebound that took the price back into the lower $40/t range in the last two weeks of 2015 appears to have run its course. News of increased month-on-month and year-on-year shipments from Port Hedland to China in December (see related article) will not have helped to strengthen market sentiment.
The …
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Anonymous
Very good overview of the weekly steel market.
Anonymous