11
Nov
16:24
Iron ore rebounds on China covid policy announcement
Seaborne iron ore prices moved very little last week as demand struggled to support prices under the impact of production restrictions. Sentiment and futures prices were boosted on Friday however as China tweaked its Covid restrictions, Kallanish notes.
The Kallanish KORE 62% Fe index gained $1.59/t on Friday to $90.73/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $1.43/t higher at $101.55/dmt cfr, and the KORE 58% Fe index rose …
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Anonymous
Very good overview of the weekly steel market.
Anonymous