18
Mar
15:41
Iron ore inches higher as Vale Malaysia closes
Seaborne iron ore prices gained slightly on Wednesday on news that Vale may be closing its Malaysian operations. The widespread global uncertainty and expected production cuts helped to mute any boost to prices however.
The Kallanish KORE 62% Fe index gained $0.0.17/tonne to $90.19/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled at CNY 678/t ($96.81/t), up CNY 13/t, while on the Singapore Exchange April 62% Fe futures settled…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous