05
Sep
16:26
Iron ore gains despite higher arrivals
Seaborne iron ore prices increased on Monday, with continued Chinese government efforts to boost demand.
The Kallanish KORE 62% Fe index gained $0.98/tonne to $99.05/dry metric tonne cfr Qingdao on Monday. The Kallanish KORE 65% Fe index was $0.9/t higher to $111.5/dmt cfr, and the KORE 58% Fe index was down $0.07/t to $85.2/dmt cfr.
On the Dalian Commodity Exchange, January iron ore settled up CNY 14/t ($2.02/t) at CNY 679.5/t,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous