10
Aug
15:05
Iron ore gains as seabed mine approved
Seaborne iron ore prices gained again on Thursday as steel futures managed another day of increase. An underwater project in New Zealand led by Trans-Tasman Resources meanwhile has been approved despite environmental concerns.
The Kallanish index for 62% Fe Australian fines gained $0.91/tonne to $76.09/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines traded at $75.68/t with a laycan in 23 August-1 September. On the Dalian Commodity Exchange January 20…
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Anonymous
Very good overview of the weekly steel market.
Anonymous