14
Nov
14:25
Iron ore gains on real estate stimulus
Seaborne iron ore prices have increased due to improved confidence in the steel market, following the latest government policy for real estate.
The Kallanish KORE 62% Fe index gained $0.73/tonne on Monday to $91.46/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.68/t higher at $102.23/dmt cfr, and the KORE 58% Fe index rebounded $0.45/t to $77.35/dmt cfr.
On the Dalian Commodity Exchange, January iron o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous