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25 Feb
00:00

Iron ore futures slip back as largest ever single shipment leaves Port Hedland

Iron ore futures edged downwards on the Singapore Futures exchange on 25 February as market sentiment has failed to strengthen during the drift back to work in the Far East following Chinese New Year. Despite this a new iron ore shipment record was set at a Western Australian port. The Kallanish index for 62% Fe Australian fines also fell by $1.41/dry metric tonne to $62.15/dmt cfr Qingdao. This takes the index back to the level seen around the beginning of …
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