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04 Aug
Seaborne iron ore prices continued with significant declines on Thursday. Iron ore demand has fallen under pressure from rumours of production curbs. The Kallanish KORE 62% Fe index lost $3.45/t to $106.2/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was down $3.85/t to $117.2/dmt cfr, and the KORE 58% Fe index declined $1.77/t to $99.57/dmt cfr. Two 90,000t cargos of Mac fines with 60.8% Fe content were booked at $97/dmt for sh…
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