21
Jun
17:48
Iron ore rebounds but nerves frayed
509 Views
Seaborne iron ore prices picked up slightly on Tuesday as futures prices rebounded from their dramatic fall on Monday. Market confidence remains weak, however, with little hope for Chinese steel demand in the immediate future.
The Kallanish KORE 62% Fe index rebounded $1/t to $17.23/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index regained $1.05/t to $136.88/dmt cfr, and the KORE 58% Fe index fell $2.94/t to $115.32/dmt cfr. 170,000 tonnes of PB Fines…
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.
More free articles from our archive
Related articles
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