01
Feb
17:05
Iron ore slides as Tonkolili ships
Seaborne iron ore prices lost more ground on Monday as markets were quiet ahead of the approaching holidays. West Africa’s Tonkolili Iron Ore Project has meanwhile shipped its first ore, furthering China’s strategic goals for the sector.
The Kallanish KORE 62% Fe index dropped another $2.57/t to $155.97/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index inched $0.72/t lower to $180.44/dmt cfr, and the KORE 58% Fe index slumped $5.27/t to $14…
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Anonymous
Very good overview of the weekly steel market.
Anonymous