09
Dec
15:34
Iron ore returns to downtrend, scrap firms
Seaborne iron ore prices returned to a declining trend on Thursday, with weaker-than-expected November financial data hitting market confidence.
The Kallanish KORE 62% Fe index dopped $3.78/tonne to $103.11/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $3.87/t to $120.24/dmt cfr, but the KORE 58% Fe index gained $0.67/t to $78.17/dmt cfr.
On the Dalian Commodity Exchange, May iron ore settled down CNY 19.5/t at CNY 644…
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Anonymous
Very good overview of the weekly steel market.
Anonymous