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14 Sep
15:24

Iron ore prices drop lower

Seaborne iron ore prices fell on Wednesday as expectations for a rate hike by the US Federal Reserve hit commodity market sentiment. The Kallanish KORE 62% Fe index lost $0.82/tonne on Wednesday to $100.45/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.82/t lower to $112.32/dmt cfr, and the KORE 58% Fe index rose $0.39/t to $86.39/dmt cfr. On the Dalian Commodity Exchange, January iron ore settled down CNY …
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