04
Mar
15:47
Iron ore rebounds on expectations
Seaborne iron ore prices rebounded on Monday, with market sentiment turning firmer following the start of this week's "Two Sessions" in Beijing.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index increased by $1.86/t and $1.77/t respectively on Monday to $117.7/dry metric tonne cfr Qingdao and $130.03/dmt cfr. The KORE 58% Fe index gained $1.77/t to $105.68/dmt cfr. Sources reported that 90,000t of Newman Fines and 170,000t of BRBF Fines …
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Anonymous
Very good overview of the weekly steel market.
Anonymous