15
Feb
15:23
Iron ore sticks to $90/t, boosting minors
Seaborne iron ore prices continued to hover around the $90/tonne mark on Wednesday as mills continued to target high productivity. High prices are proving a boon to smaller iron ore miners and prospectors, with Macarthur Minerals the latest to announce project financing.
The Kallanish index for 62% Fe Australian fines recovered $0.88/tonne to $90.02/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold in a tender at $90.31/t with a laycan in 13-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous