14
Jul
11:42
Seaborne iron ore prices take a breather
Seaborne iron ore prices steadied on Friday, ending up not too far from where they were seven days before following a mini-revival in midweek or, in fact, from a major bank’s earlier forecast. There was little physical trading activity as the market took a breath before the release of key Chinese economic indicators in the coming week.
The Kallanish KORE 62% Fe index upticked by 0.35/tonne to $117.46/dry metric ton cfr Qingdao. On the D…
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Anonymous
Very good overview of the weekly steel market.
Anonymous