16
Mar
15:15
Iron ore drops due to bank crisis
Seaborne iron ore prices fell as the market tended to risk aversion. The recent crisis in certain banking operations brought instability to the market.
The Kallanish KORE 62% Fe index lost $0.9/t to $132.9/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $0.92/t to $148.49/dmt cfr, and the KORE 58% Fe index dropped $0.25/t lower to $120.18/dmt cfr.
On the Dalian Commodity Exchange, May iron ore slumped by C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous