27
Nov
14:41
Iron ore steady as Palmer dismisses Citic threat
Seaborne iron ore prices held their position over $65/tonne on Monday as they continued to be supported by strong steel prices. Demand for high grade iron ore was meanwhile cited by Clive Palmer to dismiss the risk his legal victory poses to Sino Iron.
The Kallanish index for 62% Fe Australian fines slipped $0.17/t to $66.42/dry metric tonne cfr Qingdao. 170,000t of Brazilian Blend sold on COREX and 170,000t of PB fines sold on globalORE at floating prices. On t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous