18
Feb
14:45
Iron ore slips as BHP notes volatility
Seaborne iron ore prices dropped slightly on Tuesday after their steady increase over previous days. BHP meanwhile has warned that growing supply will mean volatile, and lower, prices later in the year.
The Kallanish KORE 62% Fe index dropped $0.44/tonne to $88.99/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May 62% Fe iron ore settled at CNY 638.5/t ($91.43/t), up another CNY 8/t, while on the Singapore Exchange March 62% Fe futures settled down $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous