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13 Jul
15:58

Iron ore price gains slow down

Seaborne iron ore prices slowed their gains on Thursday, while iron ore imports fell in the past month in the off-peak season of steel demand. The Kallanish KORE 62% and 65% Fe indices rose by $0.9/tonne and $1.09/t respectively on Thursday to $111.15/dry metric tonne cfr Qingdao and $124.55/dmt cfr. Meanwhile, the KORE 58% Fe index gained $0.51/t to $99.12/dmt cfr. On the Dalian Commodity Exchange (DCE), September iron ore was up by CNY 12/t ($1.6…
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