24
Apr
15:28
Iron ore slips as Koolan, Congo ship ore
Seaborne iron ore prices slumped again on Wednesday as sentiment ebbed on steel markets. Recent firm iron ore prices meanwhile have encouraged new shipments from Australia's Koolan Island and the Congo.
The Kallanish KORE 62% Fe index slipped $0.83/tonne to $93.50/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange September iron ore settled at CNY 622/t ($92.57/t), down CNY 7/t, while on the Singapore Exchange May 62% Fe futures sett…
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Anonymous
Very good overview of the weekly steel market.
Anonymous