17
Jan
15:19
Iron ore sinks but Gibson repairs sea wall
Seaborne iron ore prices continued to slide on Wednesday as steel prices remained stuck and confidence in demand waned further. Mount Gibson however is pressing ahead with its mine restart, and says it is on track to begin supply in around 12 months time.
The Kallanish index lost $1.05/tonne to $74.39/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $73.11/t with a laycan in 13-22 February. 170,000t of Carajas fines loaded on 4 January also so…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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