27
Jul
16:15
Iron ore returns to over $111
Seaborne iron ore prices have rebounded to levels seen ten days ago. Stronger market expectations briefly supported another recovery in prices.
The Kallanish KORE 62% Fe index gained $4.58/t to $111.49/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was up $4.81/t to $123.67/dmt cfr, and the KORE 58% Fe index rebounded $3.91/t to $100.77/dmt cfr. 80,000 tonnes of 60.8% Fe Mac fines were sold at $106.7/dmt for shipping du…
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Anonymous
Very good overview of the weekly steel market.
Anonymous