14
Sep
16:47
Falling iron ore, coal drag steel lower
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Seaborne iron ore prices and iron ore and coking coal futures fell further on Tuesday. Scrap prices were steady but the weak raw materials complex has begun dragging down steel prices.
The Kallanish KORE 62% Fe index fell $3.31/t to $127.69/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $1.90/t to $150/dmt cfr, and the KORE 58% Fe index dipped $2.04/t to $106.96/dmt cfr.
On the Dalian Commodity Exchange January 2022 iron ore settled down CN…
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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