06
Aug
15:18
Iron ore surges as Mitsui signs for Hawsons
Seaborne iron ore prices were driven higher by the strong Chinese steel market in Monday. Firm prices are, meanwhile, continuing to drive investment in deposits such as Hawsons Iron.
The Kallanish index for 62% Fe Australian fines leapt $2.09/t to $68.13/dry metric tonne cfr Qingdao. On COREX, 170,000t of Brazilian Blend sold at $75.05/t with a laycan in 25 August-4 September. On the Dalian Commodity Exchange September iron ore settled up CNY 18.5/t at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous