19
May
15:49
Iron ore price declines slow
Seaborne iron ore prices fell after a brief surge last week, with a rebound in the steel market limiting the on-week decline.
The Kallanish KORE 62% and 65% Fe indices declined $0.33/tonne and $0.36/t respectively on Friday to $107.5/dry metric tonne cfr Qingdao and $121.23/dmt cfr. Meanwhile, the KORE 58% Fe index reached $0.05/t lower to $97.08/dmt cfr.
On the Dalian Commodity Exchange (DCE), September iron ore declined CNY 11/t ($1.56/t)&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous