09
Dec
16:33
Iron ore gains with demand release
Seaborne iron ore prices rebounded on Friday, as the market looked forward to more policy support for the real estate industry. Together with the changes to Covid rules, this has stimulated futures to soar.
The Kallanish KORE 62% Fe index gained $0.34/t on Friday to $112.24/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.46/t higher at $125.21/dmt cfr, but the KORE 58% Fe index lost $0.18/t to $96.7/dmt cfr.
On the Da…
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Anonymous
Very good overview of the weekly steel market.
Anonymous