12
Mar
15:07
Iron ore gains as Vale port closed
Seaborne iron ore prices gained on Tuesday on recovering steel sentiment and port disruptions. Not only is trucking being stopped at some Tangshan ports, one of Vale’s ports has again been shut down for the second time this year.
The Kallanish KORE 62% Fe index gained $1.33/tonne to $85.94/dry metric ton cfr Qingdao. 170,000 t0nnes of PB fines sold in tender at $83.01/t with a laycan in 28 March-6 April. On the Dalian Commodity Exchange May iron ore s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous