03
Mar
15:55
Iron ore falls as NDRC cracks down on hype
Seaborne iron ore prices fluctuated frequently last week, and the Chinese government continued to pay attention to the market and put pressure on price increases.
The Kallanish KORE 62% Fe index declined $0.31/t on Friday to $126.95/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.25/t lower from Thursday at $141.28/dmt cfr, while the KORE 58% Fe index gained $0.05/t to $115.17/dmt cfr.
On the Dalian Commodity Exchang…
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Anonymous
Very good overview of the weekly steel market.
Anonymous