03
Apr
15:36
Iron ore falls below $100/t
Seaborne iron ore prices fell below $100/tonne for 62% Fe iron fines on Wednesday, recording the lowest level since late November 2022.
The Kallanish KORE 62% Fe index and KORE 65% Fe index declined by $5.15/t and $5.19/t respectively on Wednesday to $98.35/dry metric tonne cfr Qingdao and $110.41/dmt cfr. The KORE 58% Fe index dropped by $5.14/t to $87.96/dmt cfr. Sources report that 90,000 tonnes of Mac Fines were sold at $93.3/t with a laycan of 26 April and 5 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous