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07 Jun

Iron ore holds with firm May imports

Seaborne iron ore prices changed little on Friday as rumours of production cuts subsided. The Kallanish KORE 62% Fe index gained $0.33/t to $109.25/dry metric tonne cfr Qingdao and the KORE 65% Fe index slipped $0.2/t to $124.16/dmt cfr. The KORE 58% Fe index was $0.29/t higher at $96.26/dmt cfr. On the Dalian Commodity Exchange (DCE), the most-traded September 2024 iron ore contract rose by CNY 7.5/t ($1.03/t) to CNY 841/t ($116.05/t). On the Singapore Exchange,…
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