20
Oct
16:46
Iron ore slumps but outlook firms
The seaborne iron ore market fell on Friday as China's financial markets collapsed. The Economic Daily pointed out that an important way to promote consumption is to let people make money in capital markets such as stocks and funds, so that willingness to consume can be transformed into ability to spend.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index each lost $4.15/t and $3.9/t to $115.65/dry metric tonne cfr Qingdao and $125.04/dmt cfr respec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous