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22 Feb
14:31

Spot deals support iron ore prices

Seaborne iron ore prices rose on Wednesday as spot trading prices pulled higher, but the market overall then began to cool off. The Kallanish KORE 62% Fe index gained $4.06/t on Wednesday to $130.95/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was also $4.17/t higher at $146.08/dmt cfr, and the KORE 58% Fe index rose $3.99/t to $116.06/dmt cfr. 80,000t of JMBF fines were sold at a floating price with laycan …
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