20
Jul
15:45
Iron ore gains, economic pressure slows
Seaborne iron ore prices rebounded on Wednesday after a four-day losing streak as the recent slump in sentiment has moderated.
The Kallanish KORE 62% Fe index gained $0.55/t to $102.07/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.26/t higher to $113.76/dmt cfr, and the KORE 58% Fe index rebounded $0.09/t to $95.21/dmt cfr.
On the Singapore Exchange August 62% Fe futures settled up $2.29/t at $99.49/t. The same cont…
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