08
Oct
16:02
Iron ore gains over the holiday
Seaborne iron ore prices have ticked higher over the holiday on hopes of restocking. BHP has meanwhile said it does not plan to automate its railway lines.
The Kallanish KORE 62% Fe index gained $0.38/t to $122.80/dry metric tonne cfr Qingdao on Thursday, ending the holiday $1.04/t higher than it started. The Kallanish KORE 65% fe index gained $0.17/t to $134.20/dmt cfr on Thursday, and the KORE 58% Fe index slipped $0.16/t to $111.70/dmt cfr.
On the Singapore E…
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Anonymous
Very good overview of the weekly steel market.
Anonymous