15
Jun
17:48
Iron ore slides as data disappoints
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Seaborne iron ore prices have continued to fall as economic data did nothing to bolster sentiment. Despite some improvement from April in limited areas, the data showed another lost month for the economic recovery.
The Kallanish KORE 62% Fe index fell $4.40/tonne to $135.77/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $4.49/t to $156.88/dmt cfr, while the KORE 58% Fe index inched $0.79/t lower to $132.85/dmt cfr. 90,000t of Jimblebar Fine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous