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06 Sep
15:49

Iron ore fluctuates on lower steel output

The seaborne iron ore market reported small changes on Wednesday, with China Iron and Steel Association (CISA) data pointing to a demand reduction in late August. The Kallanish KORE 62% Fe index rose by $0.35/tonne but the KORE 65% Fe index declined by $0.26/t on Wednesday to $119.8/dry metric tonne cfr Qingdao and $129.25/dmt cfr respectively. The KORE 58% Fe index lost $0.94/t to $105.97/dmt cfr. 190,000t of Carajas fines were sold at $129.4/t with shipment…
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