25
Oct
16:44
Iron ore prices stand still
The seaborne iron ore market struggled on Thursday. The contradiction between high steel mill operating rates and low profit margins made the market trend unclear.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined by $0.39/t and $0.04/t respectively to $119.11/dry metric tonne cfr Qingdao and $128.37/dmt cfr. The KORE 58% Fe index meanwhile dropped $0.52/t lower to $108.55/dmt cfr. Three deals each of 170,000 tonnes PB fines were sold at floating …
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Anonymous
Very good overview of the weekly steel market.
Anonymous