08
Nov
14:56
Iron ore gains despite futures slide
Seaborne iron ore prices continued to increase on Tuesday, buoyed by the strong Chinese domestic market. Iron ore futures fared less well after costs were increased for speculators. The move was not having the same effect as the restrictions in April however as iron ore, for now, is buoyed by the rest of the steelmaking complex.
The Kallanish index for 62% Fe Australian fines gained another $1.17/t to $67.09/dry metric ton cfr Qingdao. Carajas fines traded …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous