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19 Jan
16:59
Seaborne iron ore prices increased further on Wednesday as sentiment continued to be bolstered by expectations of further stimulus. The Kallanish KORE 62% Fe index jumped $2.86/t to $132.81/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index increased $3.17/t to $159.77/dmt cfr, and the KORE 58% Fe index appreciated $2.99/t to $105.83/dmt cfr. 170,000 tonnes of Brazilian Blend sold at $137/t with a laycan in 22 February-3 March. One 100,000t and one…
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