20
Jun
15:40
Coke price increase hits iron ore market
Seaborne iron ore prices returned to declining on Tuesday, as coke prices began to rise and suppress the iron ore market.
The Kallanish KORE 62% and 65% Fe indices declined by $1.05/tonne and $0.63/t respectively on Tuesday to $114.31/dry metric tonne cfr Qingdao and $125.91/dmt cfr. Meanwhile, the KORE 58% Fe index lost $1.51/t to $103.62/dmt cfr. 170,000 tonnes of PB fines and 90,000t of Newman fines were sold at $112.4/t and $113.8/t respectively…
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Anonymous
Very good overview of the weekly steel market.
Anonymous