12
Dec
15:48
Iron ore pulls back, sentiment wavers
Seaborne iron ore prices retreated on Monday, as inventory declines slowed due to demand pressures.
The Kallanish KORE 62% Fe index lost $4.96/t on Monday to $111.34/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.95/t lower at $124.26/dmt cfr, and the KORE 58% Fe index declined $0.17/t to $96.54/dmt cfr.
On the Dalian Commodity Exchange, January iron ore settled up CNY 1/t ($0.14/t) at CNY 810/t, while…
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Anonymous
Very good overview of the weekly steel market.
Anonymous