03
Sep
15:31
Iron ore slides as Flinders makes breakthrough
Seaborne iron ore prices fell back on Tuesday amid news of further Tangshan restrictions and lower mill restocking. Flinders, meanwhile, has mapped a new path forward to bring its iron ore mine to market.
The Kallanish KORE 62% Fe index dropped $1.11/t to $90.17/dry metric tonne cfr Qingdao. 170,000t of PB fines sold at a floating price. On the Dalian Commodity Exchange January 2020 iron ore settled up CNY 17.5/t at CNY 635.5/t ($89/t), while on the Si…
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Anonymous
Very good overview of the weekly steel market.
Anonymous