23
Nov
15:54
Iron ore gathers pace on output expectations
Seaborne iron ore prices increased sharply on Tuesday as the rally of recent days has been sustained. Prices are being pushed higher by hopes of higher steel production.
The Kallanish KORE 62% Fe index jumped $4.79/t to $96.89/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index increased $4.52/t to $111.84/dmt cfr, and the KORE 58% Fe index gained $3.27/t to $67.94/dmt cfr.
On the Dalian Commodity Exchange January iron ore settled up CNY 38/t at CNY 582…
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Anonymous
Very good overview of the weekly steel market.
Anonymous