Iron ore drops, CISA reviews futures trading
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Update time : 2023-08-03 16:35:17
Seaborne iron ore prices turned back to a downward trend on Wednesday, and steel mills slowed down their purchases in the spot market. The Kallanish KORE 62% and 65% Fe indices declined by $0.98/tonne and $1/t respectively on Wednesday to $109.38/dry metric tonne cfr Qingdao and $122.91/dmt cfr. Meanwhile, the KORE 58% Fe index lost $0.21/t to $98.38/dmt cfr. On the Dalian Commodity Exchange (DCE), September iron ore declined CNY 4.5/t ($0.62/t)&nb…
