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23 Aug
16:26

Iron ore increases with improved outlook

Seaborne iron ore prices continued to rise on Tuesday, as iron ore demand is expected to improve due to a slight recovery in steel market sentiment. The Kallanish KORE 62% Fe index inched $0.65/tonne higher to $103.52/dry metric tonne cfr Qingdao on Tuesday. The Kallanish KORE 65% Fe index was $0.74/t higher to $116/dmt cfr, and the KORE 58% Fe index was down $0.3/t to $94.65/dmt cfr. On the Dalian Commodity Exchange, January ir…
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