31
Jul
15:07
Iron ore gains but Citic warns of closures
Seaborne iron ore prices were firm on Tuesday, supported by the surging Chinese steel futures markets. At least one miner remains unhappy however, with Citic again warning that Sino Iron may have to close down.
The Kallanish index for 62% Fe Australian fines gained $0.61/tonne to $66.83/dry metric ton cfr Qingdao.. 190,000 tonnes of PB fines sold at $65.89/t with a laycan in 15-24 August. 170,000t of PB fines also sold at $67.4/t on a 62% basis with a layca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous