01
Nov
15:37
Iron ore gains, coke weakens
The seaborne iron ore market hit a new seven-month high on the first trading day of November. Sentiment in the iron ore market is expected to remain firm through the end of the year.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index rebounded by $2.78/t and $2.2/t respectively to $125.69/dry metric tonne cfr Qingdao and $134.45/dmt cfr respectively. The KORE 58% Fe index gained $2.15/t to $115.76/dmt cfr. 170,000t of BRBF fines sold at $126.3/t with a layc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous