14
Feb
12:31
Iron ore slips again as holidays finish
The seaborne iron ore price slipped again on Friday as trading picked up a little on globalORE.
The Kallanish index for 62% Australian fines fell back by $0.76 to $ 42.09/dry metric ton cfr Qingdao. There were two trades on globalORE. 80,000 tonnes of MNP fines traded at $42.5/t for March delivery. Later in the day another 80,000t of the same product traded at $42/t on the same delivery basis.
The real test comes this weeks as the China market returns to full…
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Anonymous
Very good overview of the weekly steel market.
Anonymous