03
Oct
15:50
Iron ore turns down
Seaborne iron ore prices corrected Monday's gains on Tuesday, while Goldman Sachs said China's embattled property sector is still struggling to recover.
The Kallanish KORE 62% Fe index declined $0.75/t to $120.28/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe dropped $0.82/t to $129.2/dmt cfr, and the KORE 58% Fe index lost $0.21/t to $105.98/dmt cfr.
On the Singapore Exchange, October 62% Fe futures settled down $1.58/t at $116.67/t. The same co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous