18
Feb
17:33
Iron ore market becalms as China holidays
The seaborne iron ore market remained quiet on Friday with Chinese New Year celebrations now in full swing.
The Kallanish index for 62% Fe Australian fines rose slightly by $0.34/tonne to $76.39/dry metric ton cfr Qingdao. Dalian Commodities exchange remains closed for the Spring Festival holiday. On the Singapore Exchange, March 62% Fe futures upticked by $0.09/t to $77.09/t.
The comparatively healthy state of the global market for the p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous