24
Mar
16:11
Iron ore slumps on weak demand
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Seaborne iron ore prices were hit last week by a string of negative headlines, causing market transactions to die down.
The Kallanish KORE 62% Fe index inched down $4.67/t on Friday to $121.72/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index was $4.59/t lower from Thursday at $137.63/dmt cfr, while the KORE 58% Fe index lost $2.94/t to $113.82/dmt cfr. These values also lost $10.86/t, $10.59/t and $5.88/t respectively compared to Friday …
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Anonymous
Very good overview of the weekly steel market.
Anonymous