02
Jan
15:30
Iron ore surges to over $140
The seaborne iron ore market has kicked off 2024 trading on a positive note.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index jumped $5.79/t and $5.68/t respectively on Tuesday to $143.71/dry metric tonne cfr Qingdao and $154.81/dmt cfr. The KORE 58% Fe index however declined by $5.91/t to $121.9/dmt cfr. 90,000 tonnes of Newman fines were sold at $142.1/t with a laycan of 1-10 February, with the same amount of JMBF fines booked at a floating price …
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Anonymous
Very good overview of the weekly steel market.
Anonymous