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20 Jul
16:20

Seaborne iron ore market remains quiet

Seaborne iron ore prices had another quiet day on Wednesday as trading continued to be weak in a quiet market. Major producer BHPB’s iron ore results announcement (see separate article) had little visible effect on the market. The Kallanish index for 62% Fe Australian fines upticked by $0.53 to $55. 51/dry metric ton cfr Qingdao. There was again no listed activity on globalORE, with the platform having seen neither fixed price nor index linked trades …
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