22
May
15:52
Iron ore remains stable due to holiday
Seaborne iron ore prices remained almost stable on Wednesday as trading sentiment eased during the Vesak holiday in Singapore.
The Kallanish KORE 62% Fe index and KORE 65% Fe index gained $0.26/t and $0.04/t respectively to $119.44/dry metric tonne cfr Qingdao and $135/dmt cfr. The KORE 58% Fe index, meanwhile, was $0.15/t higher at $106.05/dmt cfr.
On the Dalian Commodity Exchange (DCE), the most-traded September 2024 iron ore contract increased by CNY 20/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous