20
Dec
17:15
Iron ore dips again as market quietens
Seaborne iron ore prices had a quieter day on Wednesday than on Tuesday but remain fairly firmly established in the lower $70’s range. Steel futures slipped in Shanghai, which may have withdrawn some support from ferrous market sentiment.
The Kallanish index for 62% Fe Australian fines lost $0.62/tonne to settle at $72.40/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in tender at $71.89/t with a laycan in 18-27 January. On the Dalian Commodit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous