15
Mar
15:14
Iron ore slows down with lower output
Seaborne iron ore prices slowed down their decline on Friday, eventually reaching their lowest level since mid-August last year after almost a week-long slump.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index lost $0.33/t and $0.32/t respectively on Friday to $105.1/dry metric tonne cfr Qingdao and $117.26/dmt cfr. The KORE 58% Fe index declined $1.39/t to $91.8/dmt cfr.
On the Dalian Commodity Exchange (DCE), the most-traded May 2024 iron ore contract l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous