27
Aug
16:37
Iron ore slides as BCI searches for buyer
Seaborne iron ore prices fell on Monday as they followed steel futures prices lower. Mineral Resources, meanwhile, has left BCI in the cold as it looks for a buyer for its iron ore assets.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) dropped $0.59/t to $65.25/dry metric tonne cfr Qingdao. 1709,000t of PB fines sold at $63.83/t with a laycan in 6-15 September, while another 170,000t cargo sold at $63.98/t with a laycan in 17-26 Septembe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous