17
May
16:49
Iron ore steadies in calmer market
Seaborne iron ore prices were fairly steady on Tuesday. Markets have been digesting the weak economic data released Monday, but still hope that stimulus can mean a stronger second half-year.
The Kallanish KORE 62% Fe index slipped $0.41/t to $131.55/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index fell $0.35/t to $155.65/dmt cfr, and the KORE 58% Fe index dipped $0.18/t to $120/dmt cfr.
On the Dalian Commodity Exchange, September iron ore settled up …
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Anonymous
Very good overview of the weekly steel market.
Anonymous