07
Jan
17:02
Iron ore restocking drives strong start to 2022
Seaborne iron ore prices slipped on Friday but have started the year strongly. 62% Fe iron ore prices are only slightly below Thursday’s three-month high, supported by mills’ restocking from ports.
The Kallanish KORE 62% Fe index dipped $0.48/t to $129.25/dry metric tonne cfr Qingdao on Friday, but was up $6.75/t over the first week of 2022. The Kallanish KORE 65% Fe index fell $0.32/t on Friday but increased $12.10/t over the week to $154.62/dmt cfr. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous