10
Apr
15:17
Iron ore gains as S11D ups supply
Seaborne iron ore prices gained further on Tuesday as spot market activity remained strong. Strong supply signals from Vale have not dampened market sentiment now that Chinese mills are buying in expectation of strong steel production.
The Kallanish index for 62% Fe Australian fines gained $1.25/t to $65/dry metric tonne cfr Qingdao. Two 170,000t cargos of PB fines sold in tender: one at $64.31/t with a laycan in 14-23 May and one at $64/t with a layca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous