01
May
08:54
Iron ore ends week strongly on solid trading
Seaborne iron ore prices firmed again on Friday as trading remained busy. Chinese steel prices also finished the week strongly as ferrous market sentiment in the country continues to ebb and flow (see related article).
The Kallanish index for 62% Australian fines strengthened again by $2.63 to end the week at $64.65/dry metric ton cfr Qingdao. This was pretty much a return to the level seen seven days before, despite the index having hovered at just over the $60…
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