18
Sep
15:49
Iron ore falls back with less arrivals
The seaborne iron ore market fell back on Monday. Iron ore arrivals at major Chinese ports decreased last week, but overseas shipments meanwhile rebounded, which may lead to a subsequent increase in port inventories.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index declined $1.95/t and $1.92/t on Monday to $123.7/dry metric tonne cfr Qingdao and $132.92/dmt cfr respectively. The KORE 58% Fe index declined by $1.29/t to $108.53/dmt cfr.
90,000t of Ne…
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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