07
Jan
14:57
Seaborne iron ore prices remain under pressure
Seaborne iron ore prices remain subdued towards the end of the first week in January. Futures prices in Singapore slipped back a little, although trading activity continues to be healthier than it was during the first weeks of December.
The Kallanish index for 62% Fe Australian fines slipped back to $38.56/dry metric tonne cfr Qingdao. 170,000 tonnes of 61% PB fines sold in a tender at $42.56/t with a laycan of 21-30 January. There were two trades on globalORE. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous