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05 Jan
15:18
The easing of production restrictions in Tangshan has pushed iron ore prices sharply higher. Steel futures meanwhile are lagging as demand has been flat. The Kallanish KORE 62% Fe index jumped $7.08/t to $168.94/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $10.08/t to $187.15/dmt cfr, and the KORE 58% Fe index increased $3.28/t to $152.85/dmt cfr. 170,000 tonnes of Brazilian Blend and 90,000t of Yandi Fines sold at floating prices. On the …
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