Iron ore prices recover from Monday’s slump; trading firmer

Seaborne iron ore prices edged up on Tuesday June 21 following a significant drop on Monday, buoyed by gains in the paper markets and an uptick in trading activity for cargoes with late July and early August laycans, sources told Fastmarkets.

Key drivers

The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) opened higher on Tuesday and traded downward, ending the day 0.40% higher than Monday's closing...

Published

Norman Fong

June 21, 2022

11:46 GMT

Singapore