09
May
16:04
Iron ore prices return to decline
Seaborne iron ore prices retreated on Tuesday, as the short-lived stimulus provided by news of stable crude steel production faded from the market.
The Kallanish KORE 62% Fe index lost $3.99/tonne on Tuesday to $104.62/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was down $3.72/t at $117.79/dmt cfr, and the KORE 58% Fe index reached $1.36/t lower at $93.28/dmt cfr. 80,000 tonnes of Mac fines were sold a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous