13
May
15:27
Iron ore gains, China to issue long-term bonds
Seaborne iron ore prices moved slightly higher on Monday, with a drop in iron ore arrivals leading to positive market sentiment.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rose by $0.58/t and $0.76/t respectively to $116.49/dry metric tonne cfr Qingdao and $131.64/dmt cfr. The KORE 58% Fe index was $0.19/t higher at $103.43/dmt cfr. Sources report that 90,000 tonnes of Mac Fines were booked at $113.4/t with a laycan of 12-21 June.
On the Dalian Commodi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous