25
Apr
16:06
Iron ore slumps in market downtrend
Seaborne iron ore prices posted their biggest daily drop this year on Tuesday, hitting their lowest level since early December.
The Kallanish KORE 62% Fe index lost $8.45/tonne on Tuesday to $106.84/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index slumped $9.11/t at $121.18/dmt cfr, and the KORE 58% Fe index reached $6.07/t lower at $101.64/dmt cfr.
On the Dalian Commodity Exchange (DCE), September iron ore los…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous