18
Jun
16:30
Seaborne iron ore begins week quietly
With China on holiday, seaborne iron ore prices had a very quiet Monday to start the week.
The Kallanish index for 62% Fe Australian fines lowered by $0.08/tonne to $65.38/dry metric ton cfr Qingdao. The Dalian Commodity Exchange was closed for the holiday while on the Singapore Exchange July 62% Fe futures settled down $0.29/t at $65.60/t in another quiet day’s trading.
Whilst markets may have been taking a rest, the saga around who will…
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Anonymous
Very good overview of the weekly steel market.
Anonymous