12
Apr
15:56
Iron ore surges with higher March imports
Seaborne iron ore prices have returned to $110/t for 62% Fe iron ore after three weeks of lower trading. China meanwhile saw higher iron ore imports in March.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rose by $3.79/t and $3.21/t to $111.31/dry metric tonne cfr Qingdao and $123.67/dmt cfr. The KORE 58% Fe index was $3.83/t higher at $100.14/dmt cfr. 170,000t of PB Fines were concluded at a floating price with a laycan of 7-16 May. Meanwhile, 10,000t of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous