26
Oct
16:04
Iron ore smashes past $60/t
Seaborne iron ore prices soared over $60/tonne on Wednesday despite Chinese steel futures taking a breather from their latest rally. After a steady build up over recent days, iron ore made the somersault over $60/t look easy but it will be steel prices which set the tone for the coming month.
The Kallanish index for 62% Fe Australian fines leapt $1.80/t to $61.27/dry metric ton cfr Qingdao. PB fines sold in a tender at $62.5/t with a laycan in 25 November-4…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous