13
Apr
17:18
Iron ore drops, policy disturbs market
Seaborne iron ore prices retreated on Wednesday after rebounding amid rumours that China will monitor price increases for commodities such as iron ore.
The Kallanish KORE 62% Fe index declined $1.05/t to $153.75/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index lost $1.52/t to $177.06/dmt cfr, but the KORE 58% Fe index gained $0.31/t to $137.35/dmt cfr. 90,000 tonnes of JMBF Fines sold at $131.03/t with a laycan in 1-10 May.
On the Dalian Co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous