26
Jun
16:33
Iron ore drops as Tangshan mills suspend production
Seaborne iron ore prices started Monday with losses, as steel market weakness meant raw materials remained soft.
The Kallanish KORE 62% and 65% Fe indices declined by $1.98/tonne and $2.01/t respectively on Monday to $110.93/dry metric tonne cfr Qingdao and $122.57/dmt cfr. Meanwhile, the KORE 58% Fe index lost $1.06/t to $102.06/dmt cfr.
170,000 tonnes of PB fines, 80,000t of Newman fines and 80,000t of Mac fines were sold at $108.85/t, $109.1/t and $1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous