05
Jan
14:42
Iron ore pushes higher
Seaborne iron ore prices have continued to increase despite weak Chinese steel markets. Recovering steel output and hopes that China will have to support its ailing economy have bolstered sentiment.
The Kallanish KORE 62% Fe index increased $2.95/t to $124.78/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $3.71/t to $148.69/dmt cfr, and the KORE 58% Fe index appreciated $1.67/t to $96.30/dmt cfr. 90,000 tonnes of Jimblebar Fines sold at a flo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous