24
Nov
16:06
Iron ore falls on NDRC crackdown
The seaborne iron ore market fluctuated slightly last week due to the continuous attacks on iron ore prices by China's National Development and Reform Commission (NDRC).
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined by $0.18/t and $0.14/t respectively on Friday to $133.85/dry metric tonne cfr Qingdao and $145.61/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.1/t lower at $124.88/dmt cfr.
On the Dalian Commodity Exchange (DCE), January …
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Anonymous
Very good overview of the weekly steel market.
Anonymous