26
Sep
15:39
Iron ore dips, mill profits narrow
Seaborne iron ore prices started the new week with a price drop, even as the market anticipates a rebound in restocking.
The Kallanish KORE 62% Fe index lost $2.28/tonne on Monday to $96.17/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $2.22/t lower at $108.39/dmt cfr, and the KORE 58% Fe index declined $1.57/t to $84.97/dmt cfr. 170,000 tonnes of PB fine were sold at a floating price with a laycan betwee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous