20
Jun
15:57
Iron ore struggles with unclear expectations
Seaborne iron ore prices struggled on Thursday, affected by price wrangling between coking coal companies and steel mills.
The Kallanish KORE 62% Fe index and KORE 65% Fe index lost $0.12/t but rose $0.04/t respectively to $107.66/dry metric tonne cfr Qingdao and $123/dmt cfr. The KORE 58% Fe index was $0.12/t higher at $94.79/dmt cfr. On public platforms, 170,000t of PB Fines were booked at $107.8/t with a laycan of 28 July and 6 August. Meanwhile, 100,000t of Ma…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous