26
Jan
17:23
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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