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Iron ore moves down with lower iron output
Date: 02/07/2024

Seaborne iron ore prices fell slightly on Thursday. Financial markets expect the Third Plenary Session of the Central Committee of the Communist party of China, to be held in 15-18 July, to bring new stimulus to the economy. The Kallanish KORE 62% Fe index and KORE 65% Fe index each declined by $0.25/t and $0.26/t to $107/dry metric tonne cfr Qingdao and $122.49/dmt cfr respectively. The KORE 58% Fe index was $0.19/t lower at $93.42/dmt cfr. On public platforms, 2…

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