03
Jan
15:50
Iron ore firms on strong outlook
The seaborne iron ore market remained firm on Wednesday, as China's stronger expectations for economic development stimulated a rising commodity market.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index increased $0.73/t and $0.62/t respectively on Wednesday to $144.44/dry metric tonne cfr Qingdao and $155.43/dmt cfr. The KORE 58% Fe index meanwhile soared by $9.49/t to $131.39/dmt cfr. 90,000 tonnes of Newman fines were sold at $143/t with a laycan of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous