18
Aug
17:15
Iron ore recovers but sentiment weakens
Seaborne iron ore prices slightly corrected their decline and turned to growth on Thursday. However, market expectations were still weakened by sluggish market demand.
The Kallanish KORE 62% Fe index gained $0.27/tonne to $102.63/dry metric tonne cfr Qingdao on Thursday. The Kallanish KORE 65% Fe index was $0.31/t higher to $114.94/dmt cfr, and the KORE 58% Fe index was up $0.02/t to $95.26/dmt cfr.
On the Dalian Commo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous