11
Jan
15:29
Iron ore rebounds, Hainan to launch PB swap
Seaborne iron ore prices recovered on Thursday from Wednesday's sharp losses. There are market rumours that China's central bank will cut lending rates again in the near future to support the real estate market.
The Kallanish KORE 62% Fe index and the KORE 65% Fe index gained $1.91/t and $2.22/t respectively on Thursday to $136.99/dry metric tonne cfr Qingdao and $148.3/dmt cfr. The KORE 58% Fe index meanwhile rose $2.25/t to $124.35/dmt cfr. 80,000t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous