16
Jan
16:14
Iron ore plummets on NDRC crackdown
364 Views
Seaborne iron ore prices fell on Monday due to a policy crackdown, as China tried various ways to suppress the rise in values.
The Kallanish KORE 62% Fe index fell $2.95/t on Monday to $121.59/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $2.97/t lower at $135.65/dmt cfr, and the KORE 58% Fe index declined $0.23/t to $107.42/dmt cfr. 90,000 tonnes of JMBF fines were sold at a floating price with delivery in March.
On t…
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.
Kallanish Asia
More free articles from our archive
Related articles
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