Seaborne iron ore prices fell slightly on Thursday, with the US Fed raising interest rates by 75 basis points in line with market expectations.
The Kallanish KORE 62% Fe index lost $0.55/tonne on Thursday to $98.46/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.35/t lower at $110.66/dmt cfr, and the KORE 58% Fe index declined $1.38/t to $86.62/dmt cfr. 170,000 tonnes of PB fine were sold at a floating price with a lay…
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