23
Apr
16:01
Iron ore slides but MtGibson points to recovery
Seaborne iron ore prices fell on Thursday as ferrous and global economic sentiment was hit by weak US data. Mount Gibson, however, expects improvement in the coming months after it withdrew its production guidance for the year ending June 2020.
The Kallanish KORE 62% Fe index slipped $0.65/t to $84.57/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index slipped $0.40/t, while the KORE 58% Fe index slipped $0.32/t to $75.36/t.
On the Dalian Commodity Exch…
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Anonymous
Very good overview of the weekly steel market.
Anonymous