12
Sep
16:22
Iron ore continues to gain
The seaborne iron ore market continued Monday's gains on Tuesday, with market sentiment rebounding as China's fiscal policies are expected to boost the economy.
The Kallanish KORE 62% Fe index rose by $1.68/tonne and the KORE 65% Fe index gained $1.48/t on Tuesday to $121.67/dry metric tonne cfr Qingdao and $130.8/dmt cfr respectively. The KORE 58% Fe index inched up by $0.3/t to $108.33/dmt cfr.
On the Dalian Commodity Exchange (DCE), January …
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Anonymous
Very good overview of the weekly steel market.
Anonymous