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06 Feb
15:51

Iron ore drops on weakening sentiment

Seaborne iron ore prices fell again on the back of weaker buying sentiment in China, with market moves volatile as demand has struggled. The Kallanish KORE 62% Fe index declined $0.51/t on Monday to $125.77/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.53/t lower at $140.95/dmt cfr, and the KORE 58% Fe index lost $0.21/t to $113.5/dmt cfr.  On the Dalian Commodity Exchange, May iron ore settled stable at Cā€¦
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