30
Apr
16:21
Iron ore gains while Koolyanobbing ramps up
Seaborne iron ore prices gained some ground on Tuesday, the last day before the Labour Day holiday. Mineral Resources (MinRes) meanwhile has been ramping up output at Koolyanobbing.
The Kallanish KORE62% Fe index gained $0.29/tonne at $92.69/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled at CNY 634.5/t ($94.24/t), up CNY 8.5/t, while on the Singapore Exchange May 62% Fe futures settled up $1.74/t at $93.30/t. In…
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Anonymous
Very good overview of the weekly steel market.
Anonymous