18
Oct
15:27
Iron ore regains despite steel mill restrictions
Seaborne iron ore prices turned upwards on Tuesday. The market has digested existing negative factors, and sentiment has recovered slightly.
The Kallanish KORE 62% Fe index gained $0.31/tonne on Tuesday to $95.87/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.14/t higher at $108.62/dmt cfr, but the KORE 58% Fe index dropped $0.15/t to $85.63/dmt cfr.
On the Dalian Commodity Exchange, January iron ore settled down CNY 4/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous