17
Nov
15:29
Iron ore picks up further on Covid hopes
Seaborne iron ore prices have kept rising on the news that China has continued to ease its Covid policies. The market is desperate to restore normal order to drive an economic recovery.
The Kallanish KORE 62% Fe index gained $5.29/tonne on Thursday to $96.66/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $5.41/t higher at $107.77/dmt cfr, and the KORE 58% Fe index rebounded $4.59/t to $82.07/dmt cfr. PB fines and BR…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous