21
Feb
20:51
Iron ore remains solid as holiday nears end
Iron ore has remained firmly range bound in the mid -$70s' range for the whole of the Chinese Spring Festival holiday. Wednesday was no exception as futures strengthened slightly again in Singapore and share prices did likewise for most iron ore majors, except Australia’s Fortescue Materials Group (FMG).
The Kallanish index for 62% Fe Australian fines upticked by $0.26/tonne to $77.09/dry metric ton cfr Qingdao. Dalian Commodit…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous