07
Sep
15:59
Iron ore declines on NDRC regulation
The seaborne iron ore market fell on Thursday as China's National Development and Reform Commission again mentioned regulation of iron ore prices.
The Kallanish KORE 62% Fe index declined by $0.67/tonne and the KORE 65% Fe index lost $0.61/t on Thursday to $119.13/dry metric tonne cfr Qingdao and $128.63/dmt cfr respectively. The KORE 58% Fe index lost $0.05/t to $105.92/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 iron ore declined by C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous