19
Apr
15:46
New NDRC announcement supresses iron ore prices
Seaborne iron ore prices were hit by a new National Development and Reform Commission (NDRC) announcement on Wednesday, and the market was in a weak downward state.
The Kallanish KORE 62% Fe index lost $0.28/tonne on Wednesday to $118.6/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $0.21/t at $133.68/dmt cfr, and the KORE 58% Fe index reached $0.21/t lower at $108.37/dmt cfr. 90,000 tonnes of Mac fin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous