19
Sep
15:54
Iron ore rebounds, Chinese ore output gains
The seaborne iron ore market rebounded slightly on Tuesday. Mills continue to restock, and apparently expect to continue producing at high levels after the National Day holiday.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index gained $0.6/t and $0.64/t on Tuesday to $124.3/dry metric tonne cfr Qingdao and $133.55/dmt cfr respectively. The KORE 58% Fe index menawhile surged by $3.12/t to $111.65/dmt cfr.
80,000t of Mac fines were sold at $120.7/t and…
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Kallanish Asia
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