15
Dec
16:01
Iron ore holds amid pressure
The seaborne iron ore market rose slightly earlier last week and then saw prices correct downwards late last week. The steel market lost confidence and support after the Central Economic Work Conference underwhelmed expectations.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined by $0.12/t and $0.13/t respectively to $135.62/dry metric tonne cfr Qingdao and $147.14/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.06/t lower at $124.33/dmt cfr.
O…
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Anonymous
Very good overview of the weekly steel market.
Anonymous