04
Jan
16:13
Iron ore firms into the new year
Seaborne iron ore prices continued to tick higher on Tuesday amid a round of spot purchasing following the New Year holiday. Steel markets however remain quiet in the run up to the Chinese New Year next month.
The Kallanish KORE 62% Fe index gained $1.04/t to $121.83/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index increased $2.97/t to $144.98/dmt cfr, and the KORE 58% Fe index was up $0.53/t to $94.63/dmt cfr. 170,000 tonnes of PB Fines sold at $121.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous