29
Apr
17:55
Iron ore firm as politburo backs stimulus
Seaborne iron ore prices remain stable going into the long Labour Day weekend in China. China’s leaders meanwhile are eager to support market sentiment, and are encouraging officials to further support the economy.
The Kallanish KORE 62% Fe index inched $0.05/t lower to $142.35/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index increased $0.45/t to $167.11/dmt cfr, and the KORE 58% Fe index gained $0.04/t to $126.26/dmt cfr. 170,000 tonnes of PB F…
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