22
Aug
16:05
Iron ore inches higher on improving sentiment
Seaborne iron ore prices continued to move up on Tuesday as steel futures turned higher.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index each rose by $0.22/tonne on Tuesday to $110.22/dry metric tonne cfr Qingdao and $122.52/dmt cfr. Meanwhile, the KORE 58% Fe index decreased by $0.36/t to $98.38/dmt cfr.
On the Dalian Commodity Exchange (DCE), January 2024 iron ore increased by CNY 17/t ($2.32/t) to CNY 788/t. On the Singapore Exchange, Septe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous