15
Feb
20:22
Iron ore slips as holidays begin
Iron ore prices slipped back on Thursday as trading slowed due to the Chinese Spring Festival break. Futures remained on the front foot in Singapore however.
The Kallanish index for 62% Fe Australian fines fell back by $1.22/tonne to $76.05/dry metric ton cfr Qingdao. There were two trades on globalORE, both for Carajas fines for March delivery. One was for 80,000 tonnes at $94.20/dmt and the second was for 120,000t at $94.55/dmt. On the Singapore…
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Anonymous
Very good overview of the weekly steel market.
Anonymous