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21 Feb
17:01

Iron ore continues to soar

Seaborne iron ore prices have continued to soar amid buoyant market sentiment, raising concerns about market hype. The Kallanish KORE 62% Fe index gained $1.36/t on Tuesday to $126.86/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was also $1.34/t higher at $141.91/dmt cfr, and the KORE 58% Fe index rose $0.47/t to $112.07/dmt cfr. On the Dalian Commodity Exchange, May iron ore settled up CNY 24.5/t ($3.56/t) …
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