10
Oct
16:46
Iron ore picks up as China returns
Seaborne iron ore prices rose on the first trading day after China's National Day holiday, which kept Chinese buyers out of the market for ten days.
The Kallanish KORE 62% Fe index gained $2.24/tonne on Monday to $98.56/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $2.33/t higher at $111.53/dmt cfr, and the KORE 58% Fe index rose $0.76/t to $86.45/dmt cfr.
Two deals each of 170,000 tonnes of PB fines were con…
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Anonymous
Very good overview of the weekly steel market.
Anonymous