11
Sep
16:19
Iron ore gains on stronger social financing
The seaborne iron ore market turned higher on Monday, with expectations for an economic recovery in China driving up sentiment.
The Kallanish KORE 62% Fe index rose by $1.39/tonne and the KORE 65% Fe index gained $1.26/t on Monday to $119.99/dry metric tonne cfr Qingdao and $129.32/dmt cfr respectively. The KORE 58% Fe index inched up by $2.19/t to $108.03/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 iron ore rose by CNY 11/t ($1.51/t) to CN…
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Anonymous
Very good overview of the weekly steel market.
Anonymous