11
Feb
15:55
Seaborne iron ore prices remain steady
Seaborne iron ore prices remained steady as trading begins to materialise in a market still quietened by Chinese holidays.
The Kallanish index for 62% Australian fines slipped by $0.0.28 to $42.85/dry metric ton cfr Qingdao. There were no fixed price trades on globalORE but there was one index-linked trade. 90,000 tonnes of Jimblebar fines sold at a -$0.20/t discount to AT62, a combination of the Argus and TSI 62% Fe indices.
With many traders still on holida…
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Anonymous
Very good overview of the weekly steel market.
Anonymous