07
Nov
15:06
Iron ore steady as BHP mulls derailment impact
Seaborne iron ore markets drifted on Wednesday as they watched the latest slump in steel futures prices play out. Some support was still being given by the aftermath of the BHP train derailment on Monday.
The Kallanish KORE 62% Fe index slipped $0.11/tonne to $74.80/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2019 iron ore settled at CNY 509/t ($73.51/t), down CNY 5/t, while on the Singapore Exchange December 62% Fe futures set…
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Anonymous
Very good overview of the weekly steel market.
Anonymous