14
Oct
16:01
Iron ore stabilises, inventories under pressure
Seaborne iron ore prices flattened out last week and the reduction in purchases by steel mills led to a steady decline in prices following an initial spike after the October holiday.
The Kallanish KORE 62% Fe index rose $0.11/t on Friday to $96.8/dry metric tonne cfr Qingdao. This was $0.49/t higher than 7 October but down $1.75/t from 10 October. The Kallanish KORE 65% Fe index was $0.12/t higher on Friday at $109.96/dmt cfr, and the KORE 58% …
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Anonymous
Very good overview of the weekly steel market.
Anonymous