21
Mar
15:06
Iron ore returns to $110/t
Seaborne iron ore prices rebounded to above $110/t on Thursday. In addition to the expected resumption of steel mill production, there remain expectations for more fiscal and monetary policies.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined by $2.96/t and $3.17/t respectively on Thursday to $110.71/dry metric tonne cfr Qingdao and $123.12/dmt cfr. The KORE 58% Fe index surged by $5.27/t to $100.36/dmt cfr. Sources report that 90,000 tonnes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous