25
May
16:53
Li Keqiang meeting boosts iron ore
Seaborne iron ore prices rallied a little on Wednesday afternoon as China continued to promise stimulus. A major meeting led by premier Li Keqiang began after the close of futures day trading but could boost confidence.
The Kallanish KORE 62% Fe index gained $0.76/t to $131.64/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index increased $0.88/t to $155.68/dmt cfr, and the KORE 58% Fe index appreciated $0.33/t to $199.33/dmt cfr. 90,000 tonnes of Mac Fin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous