24
Nov
15:40
Iron ore declines on inventory pressures
Seaborne iron ore prices fell slightly on Thursday, as the accumulation of iron ore port inventories weakened market expectations.
The Kallanish KORE 62% Fe index lost $0.97/t on Thursday to $100.32/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.9/t lower at $111.72/dmt cfr, and the KORE 58% Fe index declined $0.66/t to $87.54/dmt cfr. 90,000t of JMBF fines were concluded at a floating price with a delivery time in Ja…
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Kallanish Asia
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