13
Feb
14:27
Iron ore steadies as MinRes ramps up
Seaborne iron ore prices steadied on Thursday, although Chinese futures prices continued to increase. Mineral Resources, meanwhile, saw its shipments and profits jump in the second half of calendar 2019.
The Kallanish KORE 62% Fe index slipped $0.14/t to $87.10/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange May iron ore prices settled up another CNY 8/t at CNY 622.5/t ($89.27/t), their highest since before the Chinese New Year. On the Singapore Exc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous