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24 Jun
15:58

Iron ore nears 3-month low

Seaborne iron ore prices fell to a nearly three-month low on Monday, while billet prices were close to their lowest point in the past year. The Kallanish KORE 62% Fe index and KORE 65% Fe index each lost $1.88/t and $3.71/t to $104.09/dry metric tonne cfr Qingdao and $117.61/dmt cfr respectively. The KORE 58% Fe index was $1.86/t lower at $91.45/dmt cfr. On public platforms, 170,000t of PB Fines were booked at $103.75/t with a laycan of 30 July and 8 August. Meanw…
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