31
Jan
15:33
Spot trading boosts iron ore
Seaborne iron ore prices saw gains on Tuesday driven by busy spot trade. Steel mill profits have been recovering, stimulating production enthusiasm.
The Kallanish KORE 62% Fe index rose $0.83/t on Tuesday to $127.81/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $1.15/t higher at $142.55/dmt cfr, and the KORE 58% Fe index gained $2.73/t to $113.37/dmt cfr. 90,000 tonnes of JMBF fines, 170,000t of PB fines and 8…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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