11
Oct
16:38
Iron ore falls, market sentiment calms
Seaborne iron ore prices returned to decline on Tuesday, as worries over demand once again dominated market sentiment.
The Kallanish KORE 62% Fe index lost $0.57/tonne on Tuesday to $97.99/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.59/t lower at $110.94/dmt cfr, and the KORE 58% Fe index dropped $0.02/t to $86.42/dmt cfr. 188,000 tonnes of FB fines at 58.2% Fe were booked at a floating price with a layca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous