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09 May

Iron ore rebounds with higher April imports

Seaborne iron ore prices rebounded on Thursday, with April iron ore imports extending increases. The Kallanish KORE 62% Fe index and KORE 65% Fe index gained $0.15/t and $0.5/t respectively to $115.92/dry metric tonne cfr and $130.88/dmt cfr Qingdao. The KORE 58% Fe index was $0.3/t higher at $103.24/dmt cfr. Sources report that 90,000 tonnes of Mac Fines were sold at $112.65/t with a laycan of 6-15 June. On the Dalian Commodity Exchange (DCE), the most-traded Se…
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