08
Jul
15:51
Iron ore prices extend losses
Seaborne iron ore prices plunged at the start of this week's trading, as diminished confidence in the futures market led to a significant decline in spot market prices.
The Kallanish KORE 62% Fe index and KORE 65% Fe index slumped respectively by $4.42/t and $4.83/t to $108.5/dry metric tonne cfr Qingdao and $124.4/dmt cfr. The KORE 58% Fe index, meanwhile, was $4.24/t lower at $95.76/dmt cfr.
On public platforms, 170,000t of BRBF Fines were sold at $109.75/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous