08
Sep
15:42
Iron ore slows down on restrictions
Seaborne iron ore prices slowed their growth on Tuesday, while the implementation of Tangshan's production restrictions reduced market expectations for demand.
The Kallanish KORE 62% Fe index increased $0.03/t to $128.16/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $0.04/t to $140.96/dmt cfr, but the KORE 58% Fe index rose $0.11/t to $115.88/dmt cfr.
On the Dalian Commodity Exchange January 2021 iron ore settled do…
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Anonymous
Very good overview of the weekly steel market.
Anonymous