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14 Jun
14:34

Iron ore flattens as Atlas port rights questioned

Seaborne iron ore prices ere broadly flat on Thursday as the market digested Chinese economic data. The ongoing Atlas iron saga meanwhile took yet another twist, this time threatening the value of the miner’s port rights. The Kallanish index for 62% Fe Australian fines gained $0.12/tonne to $65.54/dry metric ton cfr Qingdao. 170,000 tonnes of Brazilian Blend sold on COREX at $71.50/t for delivery in 7-13 July. On the Dalian Commodity Exchange Septembe…
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