27
Feb
14:39
Iron ore slumps after accident
Seaborne iron ore prices slipped lower, dragged down by futures prices. A mining accident over the weekend has undermined market confidence, while production restrictions have caused jitters in northern China.
The Kallanish KORE 62% Fe index lost $1.58/t on Monday to $127.9/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was also $1.71/t lower at $142.77/dmt cfr, and the KORE 58% Fe index declined $0.69/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous