17
Jan
14:48
Iron ore loses on supply increase
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Seaborne iron ore prices slowed on Tuesday as trading activity weakened due to the upcoming Lunar New Year holiday, and iron ore inventories turned to increase.
The Kallanish KORE 62% Fe index fell $0.66/t on Tuesday to $120.94/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.67/t lower at $134.98/dmt cfr, and the KORE 58% Fe index declined $1.03/t to $106.39/dmt cfr. 170,000 tonnes of PB fines were sold at a float…
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Anonymous
Very good overview of the weekly steel market.
Anonymous