07
Mar
15:12
Iron ore rebounds with higher import data
Seaborne iron ore prices resumed their upward trend on Tuesday, with an increase in iron ore import volumes reflecting firm demand in the spot market.
The Kallanish KORE 62% Fe index rebounded $0.95/t on Tuesday to $127.38/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was also $1.04/t higher at $141.77/dmt cfr, and the KORE 58% Fe index rose $0.05/t to $115.06/dmt cfr.
On the Dalian Commodity Exchange, May i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous