18
Aug
16:35
Iron ore prices gain over 4%
Seaborne iron ore prices, after turning lower last Monday, made up the losses in the next few trading days and recorded a daily gain of more than 4% on Friday.
The Kallanish KORE 62% Fe index rose by $4.27/tonne on Friday to $108.91/dry metric tonne cfr Qingdao, and the KORE 65% Fe index gained $4.14/t to $121.53/dmt cfr. Meanwhile, the KORE 58% Fe index was up $1.69/t to $97.97/dmt cfr. 80,000t of Mac fines were booked at $106.15/t with a laycan of 21-30 Sep…
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Anonymous
Very good overview of the weekly steel market.
Anonymous