Seaborne iron ore prices wavered on Thursday, with 62% Fe prices sliding a little. Shanghai has ordered mass Covid testing in several districts, prompting fears that a reversal of its reopening may be imminent.
The Kallanish KORE 62% Fe index slipped $0.93/tonne to $144.46/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $1.21/t to $166.50/dmt cfr, but the KORE 58% Fe index inched $0.30/t higher to $133.76/dmt cfr.
On the Dalian Commodity Exc…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.