06
Oct
17:15
Iron ore awaits China's return
Seaborne iron ore prices slowed declines on Friday as the market looked forward to China's return from the Golden Week holiday.
The Kallanish KORE 62% Fe index declined $0.35/t to $118.8/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe dropped $0.31/t to $127.63/dmt cfr, and the KORE 58% Fe index lost $0.12/t to $107.42/dmt cfr.
On the Singapore Exchange, October 62% Fe futures and 65% Fe futures settled down $0.29/t and $0.28/t respectively at $114.84…
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Anonymous
Very good overview of the weekly steel market.
Anonymous