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26 Jul
15:36

Iron ore gains, Goldman Sachs cuts price estimates

Seaborne iron ore prices continued to rise on Tuesday as futures grew strongly. Chinese developers and financial institutions in eastern China held a matchmaking meeting, stimulating expectations for a turnaround in the real estate industry. The Kallanish KORE 62% Fe index gained $0.95/t to $106.91/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was up $1.09/t to $118.86/dmt cfr, and the KORE 58% Fe index rebounded $0.5/t to …
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