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25 Aug
15:56

Iron ore prices return to decline

Seaborne iron ore prices lowered again on Thursday as demand from steel mills slowed. The Kallanish KORE 62% Fe index inched $1.76/tonne lower to $102.21/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $1.69/t lower at $114.77/dmt cfr, and the KORE 58% Fe index was down $2.65/t to $91.78/dmt cfr. 90,000t of Newman fines were sold at $101/dmt for October shipment. On the Dalian Commodity Exchange, January iron ore se…
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