15
Oct
16:31
Iron ore remains becalmed as platform trading sleeps
The market in iron ore trading remains largely inert as little action again in Far East futures markets on Thursday translated into no trades on the major globalORE electronic platform.
The Kallanish index for 62% Fe Australian fines slipped again by $0.52 to reach $51.34/dry metric ton cfr Qingdao. The index has remained above the psychologically significant $50/dmt level since 17 July and continues to hold up, despite gradually losing over $1.5/t since last Mo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous