26
Jul
15:38
Iron ore rebounds with easing sentiment
Seaborne iron ore prices edged higher on Friday, buoyed by an upswing in sentiment within the steel market.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rebounded respectively by $2.1/t and $2.06/t to $103.19/dry metric tonne cfr Qingdao and $118.76/dmt cfr. The KORE 58% Fe index, meanwhile, was $1.96/t higher at $90.59/dmt cfr. On public platforms, 80,000 tonnes of Mac Fines and 170,000t of PB Fines were booked at $98.5/t and $102.65/t respectively with …
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Anonymous
Very good overview of the weekly steel market.
Anonymous