Seaborne iron ore prices were firm on Tuesday, while futures prices jumped. Investors were given confidence by moves to support the economy.
The Kallanish KORE 62% Fe index slipped $0.62/t to $127.52/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $0.59/t to $154.39/dmt cfr, and the KORE 58% Fe index fell $1.12/t to $98.04/dmt cfr. 90,000 tonnes of Jimblebar Fines sold at a floating price.
On the Dalian Commodity Exchange May iron ore s…
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