15
Apr
19:22
Iron ore price holds steady
Seaborne iron ore prices moved little on Monday as the market settled in the mid-$90 range. Some steelmakers meanwhile are beginning to show concern about the effects of reduced iron ore output by Vale.
The Kallanish KORE 62% Fe index slipped back just $0.13/tonne to $95.38/dry metric ton cfr Qingdao, just under Friday’s 5-year high. On the Dalian Commodity Exchange September iron ore settled at CNY 653.5/t ($97.4/t), up another CNY 1.5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous