12
Jan
17:14
Iron ore surges on Brazilian closures
Seaborne iron ore prices surged again on Wednesday to reach a three-month high. Further supply disruptions in Brazil helped to push prices higher.
The Kallanish KORE 62% Fe index jumped $3.65/t to $131.17/dry metric tonne cfr Qingdao, the highest since 11 October 2021. The Kallanish KORE 65% Fe index gained $4.33/t to $158.72/dmt cfr, and the KORE 58% Fe index increased $2.28/t to $100.32/dmt cfr, topping $100/t for the first time since early October 2021.
…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous