16
May
16:35
Seaborne iron ore prices strengthen
The day after Credit Suisse had forecast seaborne iron ore to hit $110/tonne between July and September this year, prices have moved sharply upwards.
The Kallanish KORE 62% Fe index gained $1.72/tonne on Thursday to $96.18/dry metric ton cfr Qingdao, the highest level since mid-August 2014. On COREX, 170,000 tonnes of 62% PB fines sold at $97.40 with a laycan of 16-25 June and a further 80,000 tonnes of MAC fines sold at a floating price. On the D…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous