13
Aug
16:20
Iron ore slides as Aurizon loses contracts
Seaborne iron ore prices slipped slightly on Monday but the market expected the strong steel market to lift iron ore again. Aurizon meanwhile has noted it is losing two major iron ore logistics contracts.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) slipped $0.49/tonne to $68.09/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold at $66.9/t with a laycan in 26 August-4 September. On the Dalian Commodity Exchange, January 2019 iron o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous