23
Aug
15:10
Iron ore activity surges but price moderate
Seaborne iron ore prices saw mixed trends on Tuesday. High grade material enjoyed higher prices as activity picked up but prices for later deliveries suggested no more price increases are expected in the short term.
The Kallanish index for 62% Fe Australian fines slipped back $0.62/tonne to $61.50/dry metric ton cfr Qingdao as later deals signalled weaker prices than earlier in the day. On globalORE, 170,000 tonnes of PB was transacted at $62.1/t for October del…
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Anonymous
Very good overview of the weekly steel market.
Anonymous