07
Mar
16:23
Iron ore rebounds, Yunnan cuts production
Seaborne iron ore prices rebounded on Thursday. Chinese imports increased in the first two months of this year, but Chinese steel mills announced production cuts on Thursday.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index rebounded by $3.15/t and $1.12/t respectively on Thursday to $118.86/dry metric tonne cfr Qingdao and $130.69/dmt cfr. The KORE 58% Fe index rose $3.51/t to $107.57/dmt cfr. Sources report that 90,000 tonnes of Newman Fines and 17…
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Anonymous
Very good overview of the weekly steel market.
Anonymous