23
Jan
15:38
Iron ore holds as Mt Koolan eyes restart
Seaborne iron ore prices were steady on Wednesday. Mount Gibson meanwhile is preparing for the restart of its high-grade Koolan Island mine.
The Kallanish KORE 62% Fe index slipped $0.08/tonne to $74.86/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled at CNY 527/t ($77.43/t), down CNY 5/t, with daily trading volumes slumping below 1 million contracts for the first time since 2 January. On the Singapore Exchange meanwhil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous