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06 Dec
15:40

Iron ore returns to calm

Seaborne iron ore prices returned to rationality on Tuesday, but positive market sentiment led to greater spot trading. The Kallanish KORE 62% Fe index lost $0.21/t on Tuesday to $109.89/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.21/t lower at $122.35/dmt cfr, and the KORE 58% Fe index rebounded $0.76/t to $95.2/dmt cfr. 90,000t and 170,000t of PB fine were sold at $108.9/t and $108.7/t respectively with a la…
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