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10 May
15:27

Iron ore fluctuates amid uncertainty

Seaborne iron ore prices struggled in a volatile market on Wednesday but recovered slightly from earlier losses. The Kallanish KORE 62% Fe index rose $0.27/tonne on Wednesday to $104.9/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was up $0.35/t at $118.14/dmt cfr, but the KORE 58% Fe index reached $0.36/t lower at $92.92/dmt cfr. 90,000 tonnes of JMBF fines and 170,000t of BRBF fines were sold at float…
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