22
Aug
16:01
Iron ore inches higher
Seaborne iron ore prices gained slightly on Monday as iron ore supplies were plentiful, but the demand side barely improved following a larger-than-expected drop in interest rates.
The Kallanish KORE 62% Fe index inched $0.29/tonne higher to $102.87/dry metric tonne cfr Qingdao on Monday. The Kallanish KORE 65% Fe index was $0.35/t higher to $115.26/dmt cfr, and the KORE 58% Fe index was down $0.19/t to $94.95/dmt cfr. 90,000t of Newman lu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous