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13 Jan
13:41

Iron ore flattens after small 2015 import growth

Seaborne iron ore prices held flat on Wednesday. Import figures for 2015 showed a small increase in iron ore volumes to China, which hid a much larger increase for the major players in Brazil and Australia. The Kallanish index for 62% Fe Australian fines settled at $38.34/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold in a tender at $39.32/t with a 25 January-3 February laycan. China imported 96.27 million tonnes of iron ore in December, bringing…
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