14
Aug
15:04
China's financial turmoil hits iron ore
Seaborne iron ore prices have turned down amid the aftershocks of economic volatility in China. Financial market confidence is meanwhile flagging.
The Kallanish KORE 62% Fe index declined by $2.48/tonne on Monday to $102.4/dry metric tonne cfr Qingdao, and the KORE 65% Fe index lost $2.52/t to $115.09/dmt cfr. Meanwhile, the KORE 58% Fe index decreased by $1.4/t to $95.29/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 iron ore increased by CNY…
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Anonymous
Very good overview of the weekly steel market.
Anonymous