10
Feb
14:50
Iron ore slips as market stirs
Seaborne iron ore prices dipped slightly on Wednesday as trading activity began to re-emerge following the end of the peak celebration days of Chinese New Year. The official holiday does not finish until Friday with most people returning to work on Saturday 13 February.
The Kallanish index for 62% Australian fines dipped by $1.06 to $43.13/dry metric ton cfr Qingdao. A 90,000 tonne cargo traded on globalORE in the MNP category at $43.8/t for March delivery.
W…
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Anonymous
Very good overview of the weekly steel market.
Anonymous