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29 Sep
15:58

Iron ore holds as China leaves market

Seaborne iron ore prices remained quiet as the market entered the Chinese holiday. The Kallanish KORE 62% Fe index rose $0.12/t to $120.5/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe increased $0.11/t to $129.61/dmt cfr, and the KORE 58% Fe index gained $0.38/t to $106.99/dmt cfr. On the Singapore Exchange, October 62% Fe futures settled up $1.56/t at $119.61/t. The same contract for 65% Fe and 58% Fe futures settled up $1.52/t at $129.04/t, and remain…
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