26
Aug
14:40
Iron ore prices remain firm
Seaborne iron ore futures picked up again on Friday following a seesaw week. They remain unerringly in the mid-$60 range, currently supported by a firm Chinese steel market.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) rose by $0.41/tonne to $65.84/dry metric ton cfr Qingdao on Friday. 100,000 tonnes of 61% Fe PB fines traded at $64.51/t with a laycan in 5-14 September. Another 170,000t of PB fines traded on at $64.68/t with a laycan i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous