22
Aug
15:41
Iron ore rebounds as MinRes buying spree returns
Seaborne iron ore prices rebounded on Thursday on the back of the stronger steel futures market and new buying interest. Mineral Resources, meanwhile, has made an aggressive play to expand its iron ore portfolio.
The Kallanish KORE 62% Fe index gained $1.15/t to $83.34/dry metric tonne cfr Qingdao. 190,000t and 170,000t of Carajas fines sold at a floating price, as did 80,000t of Mac fines. On the Dalian Commodity Exchange January 2020 iron ore settled…
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Anonymous
Very good overview of the weekly steel market.
Anonymous