30
Mar
16:07
Iron ore holds, China releases new index
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Seaborne iron ore prices were almost flat on Thursday, but China and Brazil ditching the dollar as an intermediary and agreeing to trade in their own currencies has improved Chinese buyers' confidence.
The Kallanish KORE 62% Fe index gained $0.49/t on Thursday to $125.5/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rose $0.48/t at $141.24/dmt cfr, and the KORE 58% Fe index reached $0.07/t higher at $115.02/dmt cfr.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous