11
May
17:39
Iron ore rebound fails to improve sentiment
Seaborne iron ore prices rebounded a little on Wednesday. Market participants however fear that there may be further downward corrections if zero-Covid policies remain in place.
The Kallanish KORE 62% Fe index increased $2.55/t to $133.52/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $2.27/t to $157.7/dmt cfr, but the KORE 58% Fe index slipped $1.55/t to $120.50/dmt cfr. 170,000 tonnes of PB fines and 90,000t of Jimblebar Fines sold at a flo…
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