05
Jan
15:18
Iron ore jumps on easing restrictions
The easing of production restrictions in Tangshan has pushed iron ore prices sharply higher. Steel futures meanwhile are lagging as demand has been flat.
The Kallanish KORE 62% Fe index jumped $7.08/t to $168.94/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $10.08/t to $187.15/dmt cfr, and the KORE 58% Fe index increased $3.28/t to $152.85/dmt cfr. 170,000 tonnes of Brazilian Blend and 90,000t of Yandi Fines sold at floating prices.
On the …
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