08
Aug
15:02
Iron ore retreats with lower imports
Seaborne iron ore prices took a breather on Tuesday from volatility in the past few days, with import data suggesting demand from Chinese steel mills for iron ore was starting to weaken.
The Kallanish KORE 62% Fe index declined by $0.23/tonne on Tuesday to $104.29/dry metric tonne cfr Qingdao, and the KORE 65% Fe index lost $0.15/t to $117.21/dmt cfr. Meanwhile, the KORE 58% Fe index decreased by $0.03/t to $96.81/dmt cfr.
On the Dalian Commodity Exchange (D…
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Anonymous
Very good overview of the weekly steel market.
Anonymous