14
Mar
15:44
Iron ore drops, Fitch lifts price forecasts
Seaborne iron ore prices fell on Tuesday amid rumours of production curbs in China. However, Fitch Ratings raised its iron ore price forecast on the back of a recovery in global demand.
The Kallanish KORE 62% Fe index declined $3.11/t on Tuesday to $132.15/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $2.62/t at $147.67/dmt cfr, and the KORE 58% Fe index lost $2.64/t to $118.35/dmt cfr. 170,000t of PB …
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Anonymous
Very good overview of the weekly steel market.
Anonymous