21
Jul
16:53
Iron ore drops on Tangshan restrictions
Seaborne iron ore prices were hit again on Friday due to rumours of limited production in Tangshan. However, the impact of the production restriction reports on the market is gradually weakening.
The Kallanish KORE 62% and 65% Fe indices declined by $1.28/tonne respectively on Friday to $113.88/dry metric tonne cfr Qingdao and $127.55/dmt cfr. Meanwhile, the KORE 58% Fe index gained $1.91/t to $104.88/dmt cfr. 190,000t of Carajas fines were booked at a floati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous