01
Jul
15:47
Iron ore gains on improved financial market sentiment
Seaborne iron ore prices have started July trading with gains, as financial market sentiment improved on Monday.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rose respectively by $3.53/t and $3.15/t to $110.17/dry metric tonne cfr Qingdao and $125.66/dmt cfr. The KORE 58% Fe index was $2.06/t higher at $95.31/dmt cfr.
On public platforms, 80,000 tonnes and 90,000t of Mac Fines were sold respectively at $102.4/t and $102.65/t, with the same laycan of 26 J…
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Anonymous
Very good overview of the weekly steel market.
Anonymous