27
Apr
15:56
Iron ore turns to decline
Seaborne iron ore prices were back on the downtrend again on Thursday after a brief respite on Wednesday.
The Kallanish KORE 62% Fe index decreased $1.33/tonne on Thursday to $106.61/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index lost $1.37/t at $121.5/dmt cfr, and the KORE 58% Fe index reached $1.05/t lower at $100.44/dmt cfr.
On Thursday, 90,000 tonnes of Mac fines and 170,000t of PB fines were so…
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Anonymous
Very good overview of the weekly steel market.
Anonymous