03
Jun
15:18
Iron ore steadies for now but falls expected
Seaborne iron ore prices strengthened on Friday on a pick-up in buying activity. The outlook for iron ore remained firmly subdued however and analysts’ forecasts still point to a weak remainder of the year.
The Kallanish index for 62% Fe Australian fines regained $0.59/t to $47.39/dry metric ton cfr Qingdao. Corex saw trades for PB fines at $49.7/tonne and 65% Fe Brazilian fines at $53.35/t. PB fines also sold in a tender at $49.51/t. 170,000t of Standard …
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Anonymous
Very good overview of the weekly steel market.
Anonymous