10
May
15:16
Iron ore holds, CISA warns of inventory pressure
Seaborne iron ore prices remained on an upward trend on Friday, with pig iron output inching higher and iron ore port inventories at 45 key Chinese ports starting to decline.
The Kallanish KORE 62% Fe index and KORE 65% Fe index gained $0.58/t and $0.76/t respectively to $116.49/dry metric tonne cfr and $131.64/dmt cfr Qingdao. The KORE 58% Fe index was $0.19/t higher at $103.43/dmt cfr. Sources report that 170,000 tonnes of BRBF Fines were sold at $117.15/t with …
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Anonymous
Very good overview of the weekly steel market.
Anonymous