06
Jun
19:22
Iron ore rises through Covid doubts
Seaborne iron ore prices increased further on Monday after a week of strong gains. Steel futures have begun to wobble, but raw materials prices remain firm on hopes of China’s re-opening.
The Kallanish KORE 62% Fe index increased another $3.15/tonne on Monday to $145/dry metric tonne cfr Qingdao, the highest since late April. The Kallanish KORE 65% Fe index gained $2.77/t to $168.07/dmt cfr, and the KORE 58% Fe index appreciated $3.30/t to $132.59/dmt cfr. 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous