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07 Jul
15:22

Iron ore declines despite futures rebound

Seaborne iron ore prices fell on Thursday but iron ore futures rebounded. The Kallanish KORE 62% Fe index lost $1.77/t to $114.60/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $2.71/t lower to $128.33/dmt cfr, and the KORE 58% Fe index declined $3.01/t to $102.41/dmt cfr. 90,000 tonnes of Newman fines of 62.3% Fe sold at $114.15/dry metric tonne with a laycan during 6-15 August. On the Dalian Commodity Exchange, September iron ore se…
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