22
Feb
20:43
Iron ore remains firm as China ends holiday
Iron ore was welcomed back to the post-China festivities period with a whimper rather than a bang. There was some physical trading, but activity on the main futures exchanges was quiet in a market obviously seeking some direction after the holidays.
The Kallanish index for 62% Fe Australian fines upticked by $0.72/tonne to $77.81/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines traded at $77.19/t with a laycan in 2-21 March. Another 90,000t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous