26
Apr
16:27
Iron ore declines, CISA urges production control
Seaborne iron ore prices have fallen slightly as accumulating port inventories suppressed the price trend.
The Kallanish KORE 62% Fe index and KORE 65% Fe index declined by $0.86/t and $0.75/t respectively to $116.68/dry metric tonne cfr Qingdao and $129.25/dmt cfr. The KORE 58% Fe index was $0.61/t lower at $105.21/dmt cfr. Sources report that 90,000t of Mac Fines were booked at $114.6/t with a laycan of 26 May and 4 June.
On the Dalian Commodity Exchange (DCE),…
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Anonymous
Very good overview of the weekly steel market.
Anonymous