27
Nov
13:39
Iron ore gains while Mt Gibson signs deal
Seaborne iron ore prices continued to increase strongly on Friday and were still driven by a strong Chinese steel market. Australia’s Mount Gibson meanwhile signed an offtake agreement for its Iron Hill expansion.
The Kallanish index for 62% Fe fines jumped another $2.37/t to $77.51/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in a tender Friday at $78.5/t with a laycan in 22-31 December.
Mount Gibson says it has signed an offtake ag…
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Anonymous
Very good overview of the weekly steel market.
Anonymous