01
Feb
15:25
Iron ore awaits Fed decision
Seaborne iron ore prices remained almost flat amid volatility on Wednesday, with commodity markets roiled by the US Federal Reserve's expected further rate hikes.
The Kallanish KORE 62% Fe index rose $0.02/t on Wednesday to $127.83/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.06/t higher at $142.61/dmt cfr, and the KORE 58% Fe index gained $0.91/t to $114.28/dmt cfr.
On the Dalian Commodity Exch…
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Anonymous
Very good overview of the weekly steel market.
Anonymous