Iron ore markets fell across the board on Tuesday, pressured by weakness in Chinese steel prices.
According to Metal Bulletin, the spot price for benchmark 62% fines slumped 1.8% to $94.34 a tonne, adding to the 1.2% fall seen a session earlier.It was the largest daily percentage decline since March 20.
Weakness was also seen across other major grades on Tuesday.65% fines dropped 1.8% to $10.40 a tonne. 58% fines fared a little better, slipping 0.7% to $82.50 a tonne.
The price discount for 58% fines compared to the benchmark narrowed to the lowest level since March 17, 2016.
Iron ore markets fell across the board on Tuesday, pressured by...
-
- There are more pages in this discussion • 40,607 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |