Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

20 Jun

Iron ore collapses as steel markets panic

Seaborne iron ore prices were rocked on Monday by a panic in China that sent steel and raw material prices over a precipice. The decision by a growing number of mills to cut production in response to weak demand is being seen as an admission that steel demand will not be back for some time. The Kallanish KORE 62% Fe index slumped $7.92/t to $116.23/dry metric tonne cfr Qingdao, the lowest since December. The Kallanish KORE 65% Fe index dropped $8.73/t to $135.83/d…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.