09
Nov
14:40
Iron ore struggles, transport ships attacked
The seaborne iron ore market struggled on Thursday, with mills appearing to reconsider production cuts, while coke prices turned firm again.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined on Thursday by $0.01/t but rose $0.27/t to $128.3/dry metric tonne cfr Qingdao and $137.77/dmt cfr respectively. The KORE 58% Fe index meanwhile rose $1.97/t to $116.37/dmt cfr.
90,000t of Newman fines were sold at $127.5/t with a laycan of 26 November and 5 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous