05
Sep
16:26
Iron ore slows, China to investigate traders
The seaborne iron ore market slowed on Tuesday, with China to supervise centrally-controlled trading enterprises.
The Kallanish KORE 62% Fe index rose by $0.76/tonne but the KORE 65% Fe index declined by $0.46/t on Tuesday to $119.45/dry metric tonne cfr Qingdao and $129.5/dmt cfr. The KORE 58% Fe index jumped $9.17/t to $106.91/dmt cfr. 90,000t of Mac fines were sold at $116.4/t with a laycan of 1-10 October.
On the Dalian Commodity Exchange (DCE), Jan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous