20
Mar
16:20
Multiple factors weigh on iron ore prices
Seaborne iron ore prices, both futures and spot, have moved lower amid macro pressure and weakening demand.
The Kallanish KORE 62% Fe index lost $1.98/t on Monday to $130.6/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $1.91/t at $146.31/dmt cfr, and the KORE 58% Fe index reached $0.61/t lower to $119.09/dmt cfr.
On the Dalian Commodity Exchange, May iron ore decreased CNY 6.5/t ($0.94/t) to CNY 899…
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Anonymous
Very good overview of the weekly steel market.
Anonymous