Seaborne iron ore concentrate market growth picks up pace
Strengthening premiums in the seaborne iron ore concentrate market led to growth in this segment outpacing that for high-grade fines last week.
The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $89.27 per tonne cfr China last Friday April 13, up $2.23 per tonne - or 2.6% - from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $82 per tonne cfr China over the week, up $0.66 per tonne - or 0.8% - from the preceding week’s average of $81.34 per tonne cfr China. Trading activity in the iron ore concentrate segment picked up last week after Anshan Iron & Steel achieved higher...
This fact doesn't seem to register with the relentless Canadian sellers (TSX)
I want a divorce - half of the mine, half of the railcars & we keep O'Keefe!!
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