# Iron ore futures end steady

> Iron ore futures were steady on Friday and recorded a second weekly gain, supported by expectations of further coke price cuts easing steel mills’ cost pressures. The Baltic Dry Index rose 2.37% to 2,805, its highest since October 12, with capesize and panamax rates higher while supramax rates fell.

- Date: 2026-11-07 · published 2026-11-08T00:09:20.794Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/86626-iron-ore-futures-end-steady
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The dry-bulk freight increase may lift shipping costs for bulk cargoes, including grains, but the article reports no grain-specific supply disruption. The freight signal is mildly supportive for ocean shipping costs.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40447920
- brecorder.com: https://www.brecorder.com/news/40447920/iron-ore-futures-end-steady

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.