17
Aug
15:47
Iron ore gains with surging futures
Seaborne iron ore prices extended gains on Thursday due to a sudden jump in futures prices.
The Kallanish KORE 62% Fe index rose by $0.95/tonne on Thursday to $104.63/dry metric tonne cfr Qingdao, and the KORE 65% Fe index gained $0.94/t to $117.39/dmt cfr. Meanwhile, the KORE 58% Fe index declined by $0.01/t to $96.28/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 iron ore increased by CNY 13/t ($1.78/t) to CNY 749.5/t. On the Singapore …
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Anonymous
Very good overview of the weekly steel market.
Anonymous