09
Nov
15:53
Iron ore stable as BHPB targets mine extension
Seaborne iron ore prices remained stalled on Thursday despite high futures trading volumes. Major miners, in other words the profitable ones, may well welcome a respite from volatility as they continue to invest in maintaining high output levels.
The Kallanish index for 62% Fe Australian fines slipped $0.08/tonne to $62.74/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2018 iron ore settled at CNY 469/t ($70.66/t), up CNY 3/t, whi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous