15
Jan
16:00
Iron ore falls in uncertainty
Seaborne iron ore prices started falling on Monday, with the market now expecting raw material prices to be lower than previously thought.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index lost $2.69/t and $2.55/t respectively on Monday to $129.87/dry metric tonne cfr Qingdao and $141.46/dmt cfr. The KORE 58% Fe index meanwhile declined $1.28/t to $116.91/dmt cfr.
Two deals for 170,000t PB fines each were sold at floating prices with laycans of 25 Februar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous