27
Apr
15:26
Iron ore stalls despite restocking
Seaborne iron ore prices inched lower on Monday. The fall came despite falling inventories and some mill restocking.
The Kallanish KORE 62% Fe index fell $0.09/t to $83.36/dry metric ton cfr Qingdao on Monday. The Kallanish KORE 65% Fe index dipped $0.07/t to $99.12/dmt cfr, while the KORE 58% Fe index dropped $0.29/t to $75.49/dmt cfr.
On the Dalian Commodity Exchange September iron ore settled at CNY 605/t ($85.42/t), down CNY 2/t. On the Singapore Exchan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous