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Metals: Iron ore records its biggest weekly increase

27/06/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Ce vendredi, les contrats à terme sur le iron ore increased. They recorded their biggest weekly increase since May 16 due to lower iron ore and steel inventories, which offset Taiwan's anti-dumping duties

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The most traded iron ore contract in September on the Chinese Dalian Stock Exchange (DCE) ended the session up 1.99% at 716.5 yuan ($99.95) per ton. It gained 1.64% this week, ending two consecutive weeks of declines. The July reference price of iron ore on the Singapore Stock Exchange was up 1.43% to $94.65 per ton at 08:01 GMT, up 1.11% this week, after five consecutive weeks of losses. Other steel-making ingredients on DCE increased, with coking coal and coke up 4.89% and 2.52% respectively

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