28
Mar
14:22
Iron ore stagnant as SIMEC mulls developments
Seaborne iron ore prices were stagnant on Thursday as reduced Australian volumes meant little spot market activity. SIMEC meanwhile is taking some extra time to consider developing two new Australian projects.
The Kallanish KORE 62% Fe index dropped $0.15/tonne to $85.10/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled at CNY 620/t ($90.72/t), down CNY 3.5/t, while on the Singapore Exchange April 62% Fe futures settled …
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Anonymous
Very good overview of the weekly steel market.
Anonymous