12
May
16:21
Iron ore awaits production resumption
Seaborne iron ore prices stabilised again on Friday, but sentiment improved last week.
The Kallanish KORE 62% and 65% Fe indices rose $0.28/tonne and $0.36/t respectively on Friday to $102.73/dry metric tonne cfr Qingdao and $116.04/dmt cfr. Meanwhile, the KORE 58% Fe index reached $0.04/t higher at $93.31/dmt cfr.
On the Dalian Commodity Exchange (DCE), September iron ore lost CNY 15/t ($2.15/t) to CNY 696/t. On the Singapore E…
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Anonymous
Very good overview of the weekly steel market.
Anonymous