16
Aug
15:55
Iron ore slows as sentiment eases
Seaborne iron ore prices rose slightly on Wednesday as the market temporarily calmed down after digesting multiple news at the start of the week.
The Kallanish KORE 62% Fe index rose by $0.23/tonne on Wednesday to $103.68/dry metric tonne cfr Qingdao, and the KORE 65% Fe index gained $0.06/t to $116.44/dmt cfr. Meanwhile, the KORE 58% Fe index rose by $0.27/t to $96.29/dmt cfr.
170,000t of PB fines were booked at a floating price with laycan of 30 September …
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Anonymous
Very good overview of the weekly steel market.
Anonymous