02
Jul
15:56
Iron ore slows, China's PMI remains firm
Seaborne iron ore prices saw limited changes on Tuesday with market sentiment returning to calm.
The Kallanish KORE 62% Fe index and KORE 65% Fe index rose respectively by $0.68/t and $0.51/t to $110.85/dry metric tonne cfr Qingdao and $126.17/dmt cfr. The KORE 58% Fe index, however, was $2.74/t lower at $92.57/dmt cfr. On public platforms, 170,000 tonnes and 100,000t of Mac Fines were sold at $111.55/t and $107.8/t, with laycans of 3-12 August, and 28 July to 6 A…
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Anonymous
Very good overview of the weekly steel market.
Anonymous