17
Jan
17:10
Iron ore slows, hurt by data
Seaborne iron ore prices slipped on Monday on weak economic sentiment. Data released Monday highlighted the difficulties currently faced by the economy, and the impact on steel demand.
The Kallanish KORE 62% Fe index fell $1.14/t to $128.35/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index dropped $1.49/t to $155.29/dmt cfr, and the KORE 58% Fe index slipped $0.17/t to $100.01/dmt cfr.
On the Dalian Commodity Exchange May iron ore settled down CNY 14.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous