02
Oct
18:32
Iron ore remains quiet, Australia anticipates growing output/demand
Seaborne iron ore prices moved little again on Tuesday as the market continues in its China National Day holiday-period hiatus. Elsewhere, the Australian government says that Chinese steel production has now peaked but that iron ore demand should be maintained thanks to a buoyant global steel market outside China.
The Kallanish KORE 62% Fe index gained $0.28/tonne to $68.76/dry metric ton cfr Qingdao, up from Monday’s figure and up by $0.85/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous