13
Jun
17:18
Seaborne iron ore prices were falling on Monday as Chinese steel futures dropped and sentiment remained weak. China’s Covid-19 outbreaks remain complicated, and end-user steel demand is not recovering as quickly as traders had hoped.
The Kallanish KORE 62% Fe index fell $0.84/t to $141/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $0.91/t to $162.12/dmt cfr, and the KORE 58% Fe index slipped $0.13/t to $133.96/dmt cfr.
On the Dalian…
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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