28
Jun
15:40
Iron ore fluctuates despite steel industry narrowing losses
Seaborne iron ore prices struggled on Friday as losses in the steel industry limited iron ore purchases by Chinese steel mills.
The Kallanish KORE 62% Fe index and KORE 65% Fe index declined by $0.35/t but rose $0.02/t respectively to $106.65/dry metric tonne cfr Qingdao and $122.5/dmt cfr. The KORE 58% Fe index was $0.16/t lower at $93.25/dmt cfr.
On public platforms, three deals for JMBF Fines were booked at floating prices with shipment in August. In addition,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous