01
May
16:13
Iron ore drifts but BHP remains hopeful
Seaborne iron ore prices drifted on Friday as China and much of the region shut down for the Labour Day holiday. BHP meanwhile remains confident that demand will recover as the coronavirus passes.
The Kallanish KORE 62% Fe index gained $0.12/tonne to $82.96/dry metric ton cfr Qingdao. The KORE 65% Fe index meanwhile gained $0.15/t to $99.10/dmt cfr, and the KORE 58% Fe index gained $0.33/t to $75.29/dmt cfr.
The Dalian Commodity Exchange was closed for the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous