08
Feb
14:11
Iron ore strong as analysts raise forecasts
Seaborne iron ore prices increased again on Wednesday, buoyed by growing confidence in the Chinese steel market. Analysts are again boosting their forecasts, with some now expecting no large decline in prices until the end of the year.
The Kallanish index for 62% Fe Australian fines gained another $0.98/tonne to $82.61/dry metric ton cfr Qingdao. A 190,000 tonnes cargo of PB fines sold in tender at $82.31/t with a laycan in 4-13 March. On the Dalian Commodi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous