07
Jul
15:49
Iron ore fluctuates amid rising inventories
Seaborne iron ore prices fluctuated and fell last week due to the weak performance of the steel market.
The Kallanish KORE 62% and 65% Fe indices declined by $0.51/tonne and lost $0.5/t respectively on Friday to $109.79/dry metric tonne cfr Qingdao and $122.61/dmt cfr. However, the KORE 58% Fe index rose $0.22/t to $97.78/dmt cfr.
On the Dalian Commodity Exchange (DCE), September iron ore was down CNY 4/t ($0.55/t) to CNY 824/t. On the Singapo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous