01
Apr
16:50
Iron ore starts April trading with declines
Seaborne iron ore prices started April trading lower as steel mills' production resumption was slower than expected.
The Kallanish KORE 62% Fe index and KORE 65% Fe index declined $1.56/t and $2.49/t respectively on Monday to $102.18/dry metric tonne cfr Qingdao and $113.82/dmt cfr. The KORE 58% Fe index lost $3.15/t to $91.81/dmt cfr.
Sources report that two deals of 170,000 tonnes of PB Fines were each sold at $100.65/t and $100.85/t with a same laycan of 2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous