08
May
15:29
Iron ore inches higher amid improving sentiment
Seaborne iron ore prices hit their highest level in the past ten trading days on Monday as the steel market recovered quickly from weeks of negativity.
The Kallanish KORE 62% Fe index gained $6.35/tonne on Monday to $108.61/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rebounded $5.19/t at $121.51/dmt cfr, and the KORE 58% Fe index reached $1.26/t higher at $94.64/dmt cfr.
170,000 tonnes of PB fines and the same …
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Anonymous
Very good overview of the weekly steel market.
Anonymous