18
Mar
15:38
Iron ore drops, pig iron output declines
Seaborne iron ore prices fell on Monday. Despite the futures market rebounding, spot trading was not significantly boosted.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index lost $0.52/t but increased by $1.03/t respectively on Monday to $104.58/dry metric tonne cfr Qingdao and $118.28/dmt cfr. The KORE 58% Fe index declined $0.71/t to $91.09/dmt cfr. Sources report that 90,000t and 170,000t of Mac Fines and Carajas Fines were each sold at $101.9/t an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous