25
Apr
16:04
Iron ore drifts without direction
Seaborne iron ore prices inched lower on Thursday with little overall direction. Markets were waiting to see if steel exports will be restrained and if stimulus policy would be changed.
The Kallanish KORE 62% Fe index inched $0.12/t lower to $117.55/dry metric tonne cfr Qingdao on Thursday. The Kallanish KORE 65% Fe index dropped $0.14/t to $129.99/t, while the KORE 58% Fe index fell $0.35/t to $105.82/dmt cfr.
On COREX, 170,000 tonnes of PB Fines sold at $117/t …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous