14
Jul
16:04
Iron ore ends the week with price surge
Seaborne iron ore prices jumped to a near three-month high in last Friday. Prices were boosted by a year-on-year increase in China's iron ore imports and the release of some economic stimulus policies which has driven market sentiment higher.
The Kallanish KORE 62% and 65% Fe indices rose by $4.33/tonne and $4.51/t respectively on Friday to $115.49/dry metric tonne cfr Qingdao and $129.07/dmt cfr. Meanwhile, the KORE 58% Fe index gained $1.56/t to $1…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous