04
Oct
15:47
Iron ore sinks lower, Ukraine ships to China
Seaborne iron ore prices extended their decline on Wednesday, falling back to the level seen a week ago.
The Kallanish KORE 62% Fe index declined $0.71/t to $119.57/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe dropped $0.74/t to $128.46/dmt cfr, and the KORE 58% Fe index lost $0.23/t to $105.76/dmt cfr.
On the Singapore Exchange, October 62% Fe futures and 65% Fe futures each settled down $1.21/t at $115.46/t and $126.05/t respectively. October 58…
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Anonymous
Very good overview of the weekly steel market.
Anonymous