01
Sep
15:44
Iron ore slides as first Bamin cargo arrives
Seaborne iron ore prices fell into the new month on Wednesday. Confirmation that the first ore from Bamin arrived in China last month contributed to the sense of a fairly loose iron ore market approaching.
The Kallanish KORE 62% Fe index dropped $2.47/t to $151.28/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index fell $6.45/t to $170.44/dmt cfr, and the KORE 58% Fe index declined $2.72/t to $121.01/dmt cfr.
On the Dalian Commodity Exchange Janua…
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Anonymous
Very good overview of the weekly steel market.
Anonymous