14
Jun
16:08
Iron ore price rises may attract inspection
Seaborne iron ore prices continued to rise on Wednesday, even as the National Development and Reform Commission was rumoured to be planning an investigation into whether the price hikes this week are being driven by speculation.
The Kallanish KORE 62% and 65% Fe indices rose by $1.14/tonne and $1.43/t respectively on Wednesday to $113.07/dry metric tonne cfr Qingdao and $124.02/dmt cfr. Meanwhile, the KORE 58% Fe index rose $6.06/t/t to $106.8/dmt cfr. 9…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous