14
Sep
16:47
Falling iron ore, coal drag steel lower
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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Anonymous
Very good overview of the weekly steel market.
Anonymous