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18 Jan

Iron ore gains despite government warnings

Seaborne iron ore prices turned to increase on Wednesday, despite the National Development and Reform Commission holding a meeting to crack down on hype. The Kallanish KORE 62% Fe index increased $0.15/t on Wednesday to $121.08/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.16/t higher at $135.14/dmt cfr, and the KORE 58% Fe index rose $0.08/t to $106.47/dmt cfr. On the Dalian Commodity Exchange, May&n…
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