29
Jan
15:03
Iron ore gains on improved outlook
Seaborne iron ore prices continued their rebound since China proposed easing lending restrictions on banks. Stronger expectations and an active spot market led iron ore prices to a near three-week high.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index gained $1.4/t and $1.18/t respectively on Monday to $137.61/dry metric tonne cfr Qingdao and $149.46/dmt cfr. The KORE 58% Fe index meanwhile increased by $1.2/t to $126.92/dmt cfr.
170,000t of Carajas Fine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous