17
Jul
15:31
Iron ore strong as Glencore develops royalties plan
Seaborne iron ore prices were strong again on Monday on the back of the strong Chinese steel market. Glencore, meanwhile, is trying out a new way to grow its business in the face of the end of commodity price surges.
The Kallanish index for 62% Fe Australian fines gained $0.58/t to $65.52/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled up CNY 11.5/t at CNY 491/t ($72.40/t), while on the Singapore Exchange Augus…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous