17
Aug
16:54
Iron ore prices hit near one-month lows
Seaborne iron ore prices have weakened from the blow of successive power cut news and weak July economic data, with market sentiment bottoming.
The Kallanish KORE 62% Fe index lost $4.21/tonne to $102.36/dry metric tonne cfr Qingdao on Wednesday. The Kallanish KORE 65% Fe index was $4.31/t lower to $114.63/dmt cfr, and the KORE 58% Fe index was down $2.86/t to $95.24/dmt cfr. 80,000 tonnes of Mac fines were sold at $94/dmt with the la…
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Anonymous
Very good overview of the weekly steel market.
Anonymous