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07 Nov
14:37

Iron ore returns over $90/t

Seaborne iron ore prices rebounded on Monday. The State Council press conference held last Saturday did not announce an easing of epidemic control measures, in line with market expectations. The Kallanish KORE 62% Fe index gained $5.89/tonne on Monday to $90.31/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $6.5/t higher at $101.32/dmt cfr, and the KORE 58% Fe index rebounded $5.34/t to $77.13/dmt cfr. 170,000t…
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