13
Sep
14:51
Iron ore falls as typhoon approaches
Seaborne iron ore prices slipped alongside Chinese steel futures as data for August suggested oversupply could force a correction in steel. A typhoon approaching the Chinese coast could disrupt some arrivals but is unlikely to have a significant impact on the market.
The Kallanish index for 62% Fe Australian fines dipped $0.27/t to $56.12/dry metric ton cfr Qingdao. 170,000 tonnes of Standard Sinter Feed Guiaba sold on globalORE for November delivery, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous