15
Jun
16:45
Iron ore increases, May output drops
Seaborne iron ore prices rose again on Thursday, driven by more monetary and financial policy stimulus from the Chinese government.
The Kallanish KORE 62% and 65% Fe indices rose by $0.85/tonne and $0.9/t respectively on Thursday to $113.93/dry metric tonne cfr Qingdao and $124.93/dmt cfr. However, the KORE 58% Fe index declined $3.07/t/t to $103.73/dmt cfr. 80,000 tonnes of JMBF fines were booked at a floating price with a laycan of 3-12 July, and 90,00…
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Anonymous
Very good overview of the weekly steel market.
Anonymous