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29 Nov
12:55

Iron ore holds as Rio okays Koodaideri

Seaborne iron ore prices held steady on Thursday. Rio Tinto meanwhile has fully approved the Koodaideri mine which will sustain its core product in the coming years. The Kallanish KORE 62% Fe index rose slightly by $0.17/tonne to $66.62/dry metric ton cfr Qingdao.. On the Dalian Commodity Exchange January 2019 iron ore settled up CNY 4/t at CNY 474/t ($68.14/t), while on the Singapore Exchange December 62% Fe futures settled down by $0.61 at $63.89/t. In Ta…
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