25
Feb
15:54
Iron ore rebounds as Vale touts China ties
Seaborne iron ore prices rebounded again on Thursday. Vale meanwhile has reaffirmed its commitment to expanding its presence in China.
The Kallanish KORE 62% Fe index rebounded $1.52/t to $172.63/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $1.55/t to $96.47/dmt cfr, and the KORE 58% Fe index increased $1.94/t to $159.18/dmt cfr.
On the Dalian Commodity Exchange May iron ore settled up CNY 16/t at CNY 1,131.5/t ($175.16/t), while on the Si…
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Anonymous
Very good overview of the weekly steel market.
Anonymous