29
Mar
16:34
Iron ore gains further on demand outlook
Seaborne iron ore prices extended gains on Wednesday, with April demand raising hopes of a pick-up in the market.
The Kallanish KORE 62% Fe index gained $1.72/t on Wednesday to $125.01/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rose $1.44/t at $140.76/dmt cfr, and the KORE 58% Fe index reached $0.83/t higher at $115.02/dmt cfr. 90,000 tonnes of Mac fines were sold at $119.4/dmt with the laycan between 26 April …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous