29
Sep
16:25
Iron ore gains as mortgage rates reformed
Seaborne iron ore prices rebounded on Thursday amid demand for restocking before the holiday peaked. Inventories of lump ore and pellets, in particular, have fallen.
The Kallanish KORE 62% Fe index gained $0.22/tonne on Thursday to $96.43/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.37/t higher at $109.22/dmt cfr, and the KORE 58% Fe index rose $0.05/t to $85.34/dmt cfr. 80,000 tonnes of JMBF fines we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous