18
May
15:55
Iron ore falls, market sentiment recovers
Seaborne iron ore prices slipped slightly on Thursday as futures retreated.
The Kallanish KORE 62% and 65% Fe indices declined $0.66/tonne and $0.65/t respectively on Thursday to $107.83/dry metric tonne cfr Qingdao and $121.59/dmt cfr. Meanwhile, the KORE 58% Fe index reached $1.1/t lower at $97.13/dmt cfr.
On the Dalian Commodity Exchange (DCE), September iron ore gained CNY 14/t ($1.98/t) to CNY 746.5/t. On the Singapore Exch…
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Anonymous
Very good overview of the weekly steel market.
Anonymous