27
Jan
12:47
Iron ore gains on flurry of trades
Seaborne iron ore prices gained slightly on Wednesday after a flurry of trades for March delivery boosted confidence. A forecast from the World Bank was less optimistic however, suggesting iron ore would be the worst performing commodity in the metals space this year.
The Kallanish index for 62% Fe Australian fines rose by $0.25 to $ 41.80/dry metric ton cfr Qingdao. Four trades took place on globalORE for March delivery and one for February. Two 170,000 tonne c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous