25
Jun
16:22
Iron ore gains incentivise new project
Seaborne iron ore prices gained further on Monday as mills continued to restock. The premium for high grade iron ore meanwhile has incentivised another new mining project, this time in Tasmania.
The Kallanish index for 62% Fe Australian fines gained $0.58/t to $64.21/dry metric tonne cfr Qingdao. 190,000t of PB fines sold at $63.25/t with a laycan in 9-18 July, while 70,000t of PB Lump sold at a floating price. On the Dalian Commodity Exchange Septembe…
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