07
Sep
21:21
Iron ore continues to weaken, as futures retreat
Seaborne iron ore prices slipped again on Thursday as futures markets also retreated again following Wednesday’s dip.
The Kallanish index for 62% Fe Australian fines fell again by $1.63/tonne to $74.53/dry metric ton cfr Qingdao. 180,000 tonnes of PB fines (61%Fe) sold in tender at $74.51/t with a laycan in 15-24 September. 80,000t of Carajas sinter feed (65% Fe) sold at $98.65/t on the spot market for late September delivery. And 70,00…
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Anonymous
Very good overview of the weekly steel market.
Anonymous