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09 Jun
16:36

Stronger iron ore prices spark concern

Seaborne iron ore prices showed a continuous rise in the past ten days, which has aroused the market's attention to the strengthening of iron ore prices again. The Kallanish KORE 62% and 65% Fe indices boosted by $4.7/tonne and $4.71/t respectively on Friday to $115.04/dry metric tonne cfr Qingdao and $126.57/dmt cfr. The KORE 58% Fe index rose by $7.75/t to $108.79/dmt cfr. Reported bookings included 170,000 tonnes of PB fine and the same…
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