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19 Feb
15:47

Iron ore market remains quiet in China's absence

When China is effectively closed for steel business, the seaborne iron ore market finds itself similarly affected. With little, if any, physical trading and only marginal activity in futures markets, the seaborne iron ore price remains steadily range bound in the mid-$70’s. The Kallanish index for 62% Fe Australian fines upticked by $0.19/tonne to $76.58/dry metric ton cfr Qingdao. Dalian Commodities Exchange remains closed for the Spring Fe…
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