13
Sep
17:04
Iron ore rises on declining port arrivals
Seaborne iron ore prices rose slowly after the end of the Mid-Autumn Festival holiday in China, maintaining an upward price trend supported by a sharp drop in Chinese iron ore arrivals.
The Kallanish KORE 62% Fe index gained $0.38/tonne on Tuesday to $101.28/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.6/t higher to $113.14/dmt cfr, and the KORE 58% Fe index rose $0.46/t to $86.01/dmt cfr.
On the Dalian Commod…
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Anonymous
Very good overview of the weekly steel market.
Anonymous