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15 Dec
14:44

Iron ore firms, pig iron output rises

Seaborne iron ore prices firmed on Thursday after strong gains on Wednesday, with Chinese economic data showing a slow recovery in November. The Kallanish KORE 62% Fe index increased $0.17/t on Thursday to $114.25/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.31/t higher at $127.49/dmt cfr, but the KORE 58% Fe index declined $1.27/t to $98.6/dmt cfr. 80,000 tonnes of Carajas fine were sold at $128.2/t with …
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