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Bulk Buys: Weather concerns weigh on iron ore, coking coal trade tensions evident in supply – Stockhead

Cold weather concerns as iron ore prices come off slightly Chinese coking coal imports fell 39.7% in November, with demand increase for premium product Steel reinforcing…

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  • Cold weather concerns as iron ore prices come off slightly
  • Chinese coking coal imports fell 39.7% in November, with demand increase for premium product
  • Steel reinforcing bar prices up but pessimism abounds

Cold weather in China was among the factors which drove the price of seaborne iron ore fines down slightly this week, having come off a good run the week prior.
According to Metal Bulletin, the price of iron ore 62% fines shipped to Qingdao port fell $US2.20 per tonne on Monday…

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