21
Nov
14:10
Iron ore weakens despite firm coal prices
Seaborne iron ore prices have continued to moderate deeper below $70/tonne as steel futures slid further and the market remains oversupplied. Coking coal prices remain firm, however, despite a slight decline in futures prices as a result of measures against speculators.
The Kallanish index for 62% Fe Australian fines dipped another $2.05/t to $67.40/dry metric tonne cfr Qingdao. PB fines traded at $69/t on COREX. On the Dalian Commodity Exchange, Janua…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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