12
Aug
15:28
Iron ore falls below $100/t again
Seaborne iron ore prices fell below $100/t again on Monday, as weak market expectations have not improved.
The Kallanish KORE 62% Fe index and KORE 65% Fe index lost by $1/t and $1.57/t to $99.9/dry metric tonne cfr Qingdao and $114.32/dmt cfr, respectively. The KORE 58% Fe index, meanwhile, was $1.04/t lower at $86.86/dmt cfr.
On public platforms, 90,000 tonnes Mac Fines were sold at $95.2/t for shipment in September, and 170,000 tonnes of Carajas Fines were boo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous