08
Jan
17:32
Iron ore inches lower, sentiment recovers
The seaborne iron ore market started the new week with a slight decline. Market trading sentiment recovered from the impact of lower hot metal production released in the past week.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index dropped $0.43/t and $0.54/t respectively on Monday to $139.91/dry metric tonne cfr Qingdao and $150.57/dmt cfr. The KORE 58% Fe index meanwhile lost $0.29/t to $128.32/dmt cfr. 90,000 tonnes of Newman fines were sold at $138…
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Anonymous
Very good overview of the weekly steel market.
Anonymous