30
Jun
17:26
Iron ore slumps, China's PMI rebounds
Seaborne iron ore prices extended their losses on Thursday, as the rebound momentum faltered with gradually retreating import transactions.
The Kallanish KORE 62% Fe index lost $1.07/t to $125.17/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was down $1.1/t to $142.84/dmt cfr, and the KORE 58% Fe index declined $1.42/t to $116.03/dmt cfr.
On the Dalian Commodity Exchange, September iron ore settled down CNY 6.5/t at CNY 802.5/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous