05
Aug
16:48
Iron ore slumps on weak demand outlook
Seaborne iron ore and Chinese scrap prices continued to show a negative trend on Thursday, and the decline in China's crude steel production led to weaker iron ore demand expectations.
The Kallanish KORE 62% Fe index slipped $4.63/t to $181/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $5.09/t to $214.04/dmt cfr, and the KORE 58% Fe index fell $2.17/t to $149.76/dmt cfr.
On the Dalian Commodity Exchange, January 2022 iro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous