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08 Dec
15:41

Iron ore observes Beijing Politburo meeting

The seaborne iron ore market was sideways at the beginning of last week but rebounded quickly late in the week. Beijing held a Politburo meeting last Friday to study economic policies for 2024 and market players speculated on the commodity market. The Kallanish KORE 62% Fe index and the KORE 65% Fe index rose by $0.29/t and $0.27/t respectively to $136.49/dry metric tonne cfr Qingdao and $148.63/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.17/t lower at …
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