14
Dec
16:09
Iron ore declines as arrivals increase
Seaborne iron ore prices have finally declined after increasing continuously since 23 November. With Australian storms coming to an end, and China focusing on controlling prices, the iron ore market has begun to cool down.
The Kallanish KORE 62% Fe index slipped $1.84/t to $157.41/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index fell $1.76/t to $169.52/dmt cfr, and the KORE 58% Fe index dropped $0.14/t to $138.20/dmt cfr.
On the Dalian Commodit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous