02
Nov
15:14
Iron ore rebounds on improving sentiment
Seaborne iron ore prices saw a rebound on Wednesday. Stimulus policies on the real estate market led to a turnaround in commodity market sentiment.
The Kallanish KORE 62% Fe index gained $1.12/tonne on Wednesday to $82.25/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $1.02/t higher at $92.61/dmt cfr, and the KORE 58% Fe index rebounded $0.87/t to $70.7/dmt cfr. 170,000t of PB fines were sold at a floating pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous