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23 Aug

Iron ore boosts as confidence steadies

Seaborne iron ore continued to see a sharp rise in prices on Wednesday. The Kallanish KORE 62% Fe index and the KORE 65% Fe index each rose by $4.96/tonne and $4.97/t on Wednesday to $115.18/dry metric tonne cfr Qingdao and $127.5/dmt cfr. Meanwhile, the KORE 58% Fe index gained by $2.41/t to $100.79/dmt cfr. On the Dalian Commodity Exchange (DCE), January 2024 iron ore increased by CNY 30/t ($4.12/t) to CNY 818/t. On the Singapore Exchange, September 6…
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