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09 Jul
16:00

Iron ore rebounds, Goldman Sachs maintains forecast

Seaborne iron ore prices rebounded on Tuesday from Monday's slump, demonstrating notable volatility as market participants navigated ongoing uncertainties. The Kallanish KORE 62% Fe index and KORE 65% Fe index regained respectively by $1.57/t and $1.53/t to $110.07/dry metric tonne cfr Qingdao and $125.94/dmt cfr. The KORE 58% Fe index, meanwhile, was $1.39/t higher at $95.76/dmt cfr. On public platforms, 170,000 tonnes of PB Fines were sold at $108.45/t…
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