07
Sep
00:36
Iron ore prices steady for now
Seaborne iron ore prices held steady on Tuesday as the market awaited clear direction from China. The end of the G20 has not yet brought the surge in pricing some had hoped, and forecasts for the coming months remain gloomy.
The Kallanish index for 62% Fe Australian fines gained $0.35/t to $58.76/dry metric tonne cfr QIngdao. A 170,000t cargo of PB fines traded at a floating prices on GlobalOre for October delivery.
Chinese steel futures (see separate article…
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Anonymous
Very good overview of the weekly steel market.
Anonymous