20
Apr
15:40
Iron ore fluctuates on more production cut rumours
Seaborne iron ore prices were still struggling after China's Development and Reform Commission released news to suppress the market and Chinese mills expanded production cuts.
The Kallanish KORE 62% Fe index lost $0.2/tonne on Thursday to $118.39/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $0.21/t at $133.47/dmt cfr, and the KORE 58% Fe index reached $0.05/t higher at $108.42/dmt cfr.
On the D…
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Anonymous
Very good overview of the weekly steel market.
Anonymous