29
Aug
15:45
Iron ore rebounds, port inventory builds
The seaborne iron ore market is staging a comeback. China's iron ore port inventories have piled up but typhoons may disrupt port arrivals.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index rebounded by $1.25/tonne and $1.26/t respectively on Tuesday to $113.4/dry metric tonne cfr Qingdao and $125.6/dmt cfr. The KORE 58% Fe index rose $1.11/t to $98.66/dmt cfr. There were 80,000t of Mac fines and 90,000t of Newman fines booked at $109.2/t and $113…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous