News and Events

Seaborne iron ore prices returned to an upward trend on Monday with less iron ore arriving at Chinese ports last week. The Kallanish KORE 62% Fe index gained $0.37/t on Monday to $122.09/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rose $0.42/t at $138.05/dmt cfr, and the KORE 58% Fe index reached $0.26/t higher to $114.08/dmt cfr. On the Dalian Commodity Exchange, May iron ore gained CNY 11.5/t ($1.67/t)