17
Jan
14:48
Iron ore loses on supply increase
Seaborne iron ore prices slowed on Tuesday as trading activity weakened due to the upcoming Lunar New Year holiday, and iron ore inventories turned to increase.
The Kallanish KORE 62% Fe index fell $0.66/t on Tuesday to $120.94/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.67/t lower at $134.98/dmt cfr, and the KORE 58% Fe index declined $1.03/t to $106.39/dmt cfr. 170,000 tonnes of PB fines were sold at a float…
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Anonymous
Very good overview of the weekly steel market.
Anonymous