Seaborne iron ore prices slipped on Wednesday as steel markets remained lacklustre. China’s centralised iron ore buyer meanwhile is in negotiations with major miners.
The Kallanish KORE 62% Fe index fell $0.94/t to $119.26/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe dropped $1.23/t to $128.32/dmt cfr, and the KORE 58% Fe index slumped $2.43/t to $106.14/dmt cfr.
90,000 tonnes of Mac fines were sold at $115.20/t with a laycan in 26 October to 4 N…
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