03
Sep
16:59
Iron ore steadies despite inventory build
Seaborne iron ore prices were showing signs of steadying on Friday, led by futures prices. Rio Tinto meanwhile is aiming to support Covid-19 vaccination efforts as Australia faces continued disruptions.
The Kallanish KORE 62% Fe index slipped $2.23/t to $143.89/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index fell $1.31/t to $164.48/dmt cfr, and the KORE 58% Fe index slumped $6.46/t to $11.44/dmt cfr. 170,000 tonnes of Brazilian Blend sold at $145.3/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous