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30 Aug
15:39

Iron ore firm as MinRes, Hancock deals proceed

Seaborne iron ore prices continued to hold their ground on Thursday in the face of lower steel futures prices. Both Mineral Resources and Hancock Prospecting are meanwhile making progress with their respective take-overs. The Kallanish index for 62% Fe Australian fines slipped $0.05/tonne to $65.53/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Brazilian Blend and 170,000t of Carajas fines sold at floating prices. On the Dalian Commodity Exchange S…
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