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15 Sep

Iron ore refreshes 5-month high

The seaborne iron ore market continued to strengthen last week and last Friday recorded its highest level since April this year. The Kallanish KORE 62% Fe index rose by $2.13/tonne and the KORE 65% Fe index gained $2.01/t on Friday to $125.64/dry metric tonne cfr Qingdao and $134.83/dmt cfr respectively. The KORE 58% Fe index increased $0.69/t to $109.82/dmt cfr. On the Dalian Commodity Exchange (DCE), January 2024 iron ore gained by CNY 14/t ($1.92/t) to CN…
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