26
Jan
17:23
Iron ore stays flat despite higher futures
Seaborne iron ore prices remain steady even as futures have moved higher. Chinese mills are closing their restocking ahead of the New Year holidays next week.
The Kallanish KORE 62% Fe index slipped $0.27/t to $136.08/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index inched $0.12/t higher to $164.29/dmt cfr, but the KORE 58% Fe index fell $0.47/t to $108.45/dmt cfr.
On the Dalian Commodity Exchange, May iron ore settled up CNY 15/t at CNY 765.5/t ($12…
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Anonymous
Very good overview of the weekly steel market.
Anonymous