12
Feb
16:44
Iron ore continues post-holiday slide
Seaborne iron ore prices continued an apparent re-adjustment back towards pre-Spring Festival levels on Tuesday.
The Kallanish KORE 62% Fe index fell by $2.01/tonne to $87.17/dry metric ton cfr Qingdao. In Tangshan, billet prices also fell back to CNY 3,480/t ($514/t), or by CNY 40/t from Monday.
On the Dalian Commodity Exchange May iron ore settled down CNY 17.5/t at CNY 645/t on the second day of trading after the week-long holiday. On the Singapo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous