29
Nov
14:38
Iron ore stands, market awaits policy easing
Seaborne iron ore prices have remained at nearly the same level since late last week. Futures prices were higher on real estate stimulus but spot market prices struggled to increase due to flat demand.
The Kallanish KORE 62% Fe index lost $0.13/t on Tuesday to $100.11/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.09/t lower at $111.86/dmt cfr, and the KORE 58% Fe index declined $0.54/t to $86.69/dmt cfr. An…
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Anonymous
Very good overview of the weekly steel market.
Anonymous