09
Apr
12:49
Iron ore slides as Australia lifts forecast
Seaborne iron ore prices slid again on Friday, remaining in the low $50s range. Australia’s official price forecasts for the year were raised in the latest Department of Industry, Innovation & Science quarterly report, but still indicate weaker prices in the second half of the year.
The Kallanish index for 62% Fe Australian fines lost $0.13/t on Friday to $52.78/dry metric ton cfr Qingdao. 160,000 tonnes of Brazilian Blend fines was traded on globalORE…
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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