27
Sep
16:25
Iron ore jumps on sintering production limitation
Seaborne iron ore prices rose a little on Tuesday amid market rumors that Tangshan will restrict sinter production, driving demand for pellets and lump.
The Kallanish KORE 62% Fe index gained $0.38/tonne on Tuesday to $96.55/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.69/t higher at $109.08/dmt cfr, and the KORE 58% Fe index rose $0.23/t to $85.2/dmt cfr.
On the Dalian Commodity Exchange, January&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous