28
May
16:52
Iron ore steadies as Iron Bridge costs hiked
Seaborne iron ore prices held their ground on Friday as markets waited to assess the extent of a steel market rally in China. FMG meanwhile is expecting higher costs from its Iron Bridge project.
The Kallanish KORE 62% Fe index slipped $0.06/t to $195.39/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index inched $0.25/t higher to $228.33/dmt cfr, and the KORE 58% Fe index dropped $0.78/t to $170.16/dmt cfr.
On the Dalian Commodity Exchange September iro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous