05
Dec
15:59
Iron ore approaches five-month high
Seaborne iron ore prices returned over $110/t for the Kallanish 62% Fe index on Monday, the highest since 11 August 2022.
The Kallanish KORE 62% Fe index gained $4.96/t on Monday to $110.1/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $5.28/t higher at $122.56/dmt cfr, and the KORE 58% Fe index rebounded $3.71/t to $94.44/dmt cfr. 170,000t of PB fines were sold at $110.6/t with a laycan of 30 December 202…
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Anonymous
Very good overview of the weekly steel market.
Anonymous