28
Jun
15:42
Iron ore slows gains
Seaborne iron ore prices continued to increase on Wednesday but the gains slowed. The futures and spot markets have gradually begun to diverge, especially for the steel market.
The Kallanish KORE 62% and 65% Fe indices rose by $0.53/tonne and $0.5/t respectively on Wednesday to $114.61/dry metric tonne cfr Qingdao and $126.34/dmt cfr. Meanwhile, the KORE 58% Fe index increased $0.87/t to $104.34/dmt cfr.
170,000 tonnes of 61% PB fines and same volume of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous