25
Jul
16:00
Iron ore falls amid appreciating yuan
Seaborne iron ore prices declined on Thursday, alongside the appreciation of the CNY.
The Kallanish KORE 62% Fe index and KORE 65% Fe index lost respectively by $1.03/t and $1.05/t to $101.09/dry metric tonne cfr Qingdao and $116.7/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.99/t lower at $88.63/dmt cfr.
On public platforms, 90,000 tonnes of Newman Fines and the same amount of Mac Fines were booked at $97.5/t and $96.25/t respectively with the same laycan o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous