28
Aug
16:14
Iron ore steady as state supports Koolyanobbing
Seaborne iron ore prices held their ground on Tuesday as the Dalian Commodity Exchange moved to promote trading volumes. Reports have emerged meanwhile of state support for Mineral Resources’s newly-acquired Koolyanobbing mine.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) crept up $0.23/tonne to $65.48/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $64.05/t with a laycan in 11-20 September, while another 190,000t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous