21
Sep
16:03
Iron ore falls as markets await Fed's decision
Seaborne iron ore prices eased lower on Wednesday. Markets were quiet awaiting the US Federal Reserve's rate hike decision in the early hours of Thursday.
The Kallanish KORE 62% Fe index lost $0.61/tonne on Wednesday to $99/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.6/t lower at $111.01/dmt cfr, and the KORE 58% Fe index declined $0.55/t to $88/dmt cfr.
On the Dalian Commodity Exchange, Januar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous