11
Jul
15:50
Iron ore hits 2022 low
Seaborne iron ore prices fell slightly on Monday, as a plunge in Chinese steel futures hit sentiment. Values thus continued their decline from last week and hit a 2022-low on Monday.
The Kallanish KORE 62% Fe index lost $0.57/t to $112.32/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.59/t lower to $125.96/dmt cfr, but the KORE 58% Fe index rose $0.14/t to $101.36/dmt cfr.
On the Dalian Commodity Exchange, September iron ore s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous