12
Oct
16:45
Iron ore drops as raw materials under pressure
Seaborne iron ore prices continued to drop slightly on Wednesday. Values are under pressure from the spread of Covid-19, winter production restrictions and the key political meeting to be held in Beijing this week.
The Kallanish KORE 62% Fe index lost $0.41/tonne on Wednesday to $97.58/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.23/t lower at $110.71/dmt cfr, and the KORE 58% Fe index dropped $0.08/t to $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous