19
Jun
15:36
Iron ore gains with higher output
Seaborne iron ore prices edged up on Monday, but market sentiment weakened as the positive impact of policy stimulus faded.
The Kallanish KORE 62% and 65% Fe indices rose by $0.56/tonne and $0.57/t respectively on Monday to $115.36/dry metric tonne cfr Qingdao and $126.55/dmt cfr. Meanwhile, the KORE 58% Fe index gained $0.72/t to $105.12/dmt cfr.
Two bookings of 170,000 tonnes of PB fines were concluded at $115.35/t and $115.25/t respectively, with a l…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous