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13 Nov
15:33

Iron ore holds fast, sentiment firms

The seaborne iron ore market started the week's trading with modest gains, with the market seeing lower activity due to the Singapore holiday. The Kallanish KORE 62% Fe index and the KORE 65% Fe index increased on Monday by $0.37/t and $0.5/t respectively to $128.91/dry metric tonne cfr Qingdao and $138.65/dmt cfr. The KORE 58% Fe index meanwhile rose $0.59/t to $117.49/dmt cfr. On the Dalian Commodity Exchange (DCE), January 2024 iron ore rose by CNY 12.5/t …
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