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10 Mar
15:35

Iron ore gains on demand support

Seaborne iron ore prices rose on Friday as China's leadership was officially approved. The Kallanish KORE 62% Fe index rose $0.18/t on Friday to $129.37/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.27/t lower from Thursday at $144.16/dmt cfr, while the KORE 58% Fe index lost $0.06/t to $116.53/dmt cfr.  On the Dalian Commodity Exchange, May iron ore settled up by CNY 15.5/t ($2.23/t) at CNY 924.5/t, while on th…
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