22
Nov
16:57
Iron ore holds, CISA highlights price strength
The seaborne iron ore market remained firm on Wednesday, with the China Iron & Steel Association (CISA) admitting that strong iron ore prices have provided support to steel prices.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index rose by $0.13/t and $0.82/t respectively to $134.06/dry metric tonne cfr Qingdao and $145.84/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.85/t higher at $126.11/dmt cfr. 100,000t of PB fines and 80,000t of Newman fines w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous