09
Aug
15:38
Iron ore holds with lower port arrivals
Seaborne iron ore prices have seen very limited volatility this week. Wednesday's rebound in futures drove prices back up and to recoup small losses a day before.
The Kallanish KORE 62% Fe index rose by $0.22/tonne on Wednesday to $104.51/dry metric tonne cfr Qingdao, and the KORE 65% Fe index gained $0.13/t to $117.34/dmt cfr. Meanwhile, the KORE 58% Fe index decreased by $0.03/t to $96.78/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 ir…
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Anonymous
Very good overview of the weekly steel market.
Anonymous