12
Jun
15:38
Iron ore rebounds after Tuesday's decline
Seaborne iron ore prices on Wednesday have slightly corrected Tuesday's decline and the market awaits clear direction.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rebounded respectively by $0.89/t and $0.91/t to $105.12/dry metric tonne cfr Qingdao and $120.41/dmt cfr. The KORE 58% Fe index was $0.87/t higher at $92.39/dmt cfr. 80,000t of Mac Fines and 100,000t of Newman Fines were each booked at $101.2/t and $102/t with the laycan of 6-15 July, and …
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