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09 Jul
16:23

Iron ore, scrap hold on weak outlook

Seaborne iron ore prices were flat on Friday despite futures prices continuing to fall due to production restrictions. The Kallanish KORE 62% Fe index increased $0.27/t to $211.35/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was up $0.21/t to $243.59/dmt cfr, and the KORE 58% Fe index lifted $0.54/t to $179.82/dmt cfr. On the Dalian Commodity Exchange September iron ore settled down CNY 36.5/t at CNY 1,171.5/t ($180.88/t), and…
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