06
Feb
21:23
Iron ore rises again, as Vale problems grow
Further potentially disruptive news from Brazil on Tuesday/Wednesday this week has led seaborne iron ore prices down an unusual path. The now-traditional Chinese Spring Festival calm in the iron ore market has been disturbed by Vale’s declaration of force majeure for some of its contracts (see separate article).
The Kallanish KORE 62% Fe index gained another $0.74/tonne to $88.65/dry metric ton cfr Qingdao. The Dalian Commodity Exchange is c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous