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02 Dec
14:38

Iron ore falls back due to Tangshan restrictions

Seaborne iron ore prices turned down on Thursday. Tangshan announced production restrictions for around ten days, hitting expectations of spot market demand. The Kallanish KORE 62% Fe index decreased $1.25/t to $101.49/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index lost $1.28/t to $117.33/dmt cfr, but the KORE 58% Fe index appreciated $0.28/t to $73.94/dmt cfr. On the Dalian Commodity Exchange, May iron ore settled down by CNY 3…
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