09
Feb
14:50
Iron ore retreats, domestic output gains
Seaborne iron ore prices traded sideways last Friday, with markets calm and futures weakening on the absence of major buyers.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index each declined by $0.15/t and $0.14/t on Friday to $127.03/dry metric tonne cfr Qingdao and $139.99/dmt cfr. The KORE 58% Fe index meanwhile increased by $0.04/t to $115.64/dmt cfr.
On the Singapore Exchange, February 62% Fe futures and 65% Fe futures each settled $1.88/t lower …
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Anonymous
Very good overview of the weekly steel market.
Anonymous