08
Nov
14:24
Iron ore strong as MinRes preps shipments
Seaborne iron ore prices gained on Thursday on the back of a recovering ferrous futures complex and weak imports in October. Mineral Resources meanwhile is preparing shipments from its newly-acquired Koolyanobbing mine.
The Kallanish KORE 62% Fe index gained $0.38/tonne to $75.18/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Brazilian Blend sold at $79.9/t with a laycan in 6-15 December. On the Dalian Commodity Exchange January 2019 iron ore settl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous