05
Jul
16:11
Iron ore rebounds, risk remains
Seaborne iron ore prices ended their losses on Tuesday as the Chinese steel market recovered. However, further July maintenance announcements at steel mills still hit iron ore price expectations.
The Kallanish KORE 62% Fe index gained $0.45/t to $117.67/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $0.30/t higher to $132.79/dmt cfr, but the KORE 58% Fe index still declined $0.60/t to $106.32/dmt cfr.
On the Dalian Commodity Exch…
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Anonymous
Very good overview of the weekly steel market.
Anonymous