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13 Sep
16:18

Iron ore improves with higher pig iron output

The seaborne iron ore market slowed its gains on Wednesday, although a rebound in hot metal production once again ensured demand for iron ore. The Kallanish KORE 62% Fe index rose by $0.83/tonne and the KORE 65% Fe index gained $0.37/t on Wednesday to $122.5/dry metric tonne cfr Qingdao and $131.17/dmt cfr respectively. The KORE 58% Fe index inched up by $0.63/t to $108.97/dmt cfr.  On the Dalian Commodity Exchange (DCE), January 2024 iron ore remained …
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