17
Oct
16:32
Iron ore holds, port inventory rises
The seaborne iron ore market remained strong on Tuesday, with Chinese steel mills' talk of production restrictions having limited impact on the market.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index lost $0.01/t but gained $0.26/t respectively on Tuesday to $120.61/dry metric tonne cfr Qingdao and $129.71/dmt cfr. The KORE 58% Fe index meanwhile turned down $0.16/t to $103.97/dmt cfr.
80,000t of BRBF fines and 85,000t of Mac fines were booked …
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Anonymous
Very good overview of the weekly steel market.
Anonymous