14
Sep
16:42
Iron ore slumps but Balla Balla progresses
Seaborne iron ore prices slumped on Thursday as Chinese steel markets reacted to weaker economic data. Australia’s Balla Balla meanwhile achieved another regulatory milestone to develop a new mining project.
The Kallanish index for 62% Fe Australian fines dropped $1.48/tonne to $73.65/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines traded at $73.18/t with a laycan in 5-14 October. On the Dalian Commodity Exchange January 2018 iron ore settled d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous