08
Aug
15:25
Iron ore futures fall below $100 again
Seaborne iron ore prices returned to near $100/t on Thursday, with Tangshan billet prices hitting a four-year low.
The Kallanish KORE 62% Fe index and KORE 65% Fe index each lost by $0.94/t to $100.49/dry metric tonne cfr Qingdao and $115.48/dmt cfr, respectively. The KORE 58% Fe index, meanwhile, was $1.06/t lower at $87.31/dmt cfr.
On public platforms, 90,000 tonnes and 80,000t of Mac Fines were sold at $93.3/t and $95.7/t for shipment in September, and 80,000 …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous