28
Apr
16:10
Iron ore holds before holiday
Seaborne iron ore prices were largely steady in the last trading day before China entered the Labour Day holiday over 29 April-3 May.
The Kallanish KORE 62% Fe index rose $0.01/tonne on Friday to $106.63/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $0.03/t at $121.53/dmt cfr, and the KORE 58% Fe index reached $0.58/t lower at $99.86/dmt cfr. 170,000 tonnes of PB fines were sold at a floating price with lay…
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Anonymous
Very good overview of the weekly steel market.
Anonymous