30
Jul
15:25
Iron ore rebounds as Grange ramps up
Seaborne iron ore prices rebounded on Tuesday on reports that restrictions in Tangshan may be looser in August than in July. Grange Resources meanwhile is boosting production after breaking through to its main ore deposit.
The Kallanish KORE 62% Fe index jumped $2.96/tonne to $120.03/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Carajas fines sold at a floating price. On the Dalian Commodity Exchange September iron ore settled at CNY 764/t ($110.8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous