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11 Aug
16:11

Iron ore rises, Chinese financial markets dive

Seaborne iron ore prices changed very little last week, mainly because the production restriction policy has not been officially implemented, and the market trend is hesitant. The Kallanish KORE 62% Fe index rose by $0.62/tonne on Friday to $104.89/dry metric tonne cfr Qingdao, and the KORE 65% Fe index gained $0.59/t to $117.62/dmt cfr. Meanwhile, the KORE 58% Fe index decreased by $0.06/t to $96.69/dmt cfr. On the Dalian Commodity Exchange (DCE), January 2…
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