05
Apr
15:15
Iron ore awaits buyers' return
Seaborne iron ore prices rebounded slightly last Friday, anticipating the return of Chinese buyers on Monday.
The Kallanish KORE 62% Fe index and KORE 65% Fe index gained by $0.32/t and $0.33/t respectively on Friday to $98.25/dry metric tonne cfr Qingdao and $110.3/dmt cfr. The KORE 58% Fe index declined by $0.29/t to $88.67/dmt cfr.
On the Singapore Exchange, May 62% Fe futures and 65% Fe futures settled $0.61/t and $0.63/t higher, respectively, at $98.35/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous