04
Nov
14:57
Iron ore boosted by unfounded Covid rumours
Seaborne iron ore prices moved in a "V" shape last week, but demand remains under pressure, Kallanish notes. Rumours of an easing of Covid policies boosted sentiment late in the week, although the rumours proved to eb unfounded at the weekend.
The Kallanish KORE 62% Fe index gained $1.71/t on Friday to $84.42/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $1.76/t higher on Friday at $94.82/dmt cfr, and the KORE 58% Fe in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous