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09 Aug
15:56

Iron ore rebounds over $75/tonne

Seaborne iron ore prices rebounded slightly on Wednesday following the trend of Chinese steel futures. FMG meanwhile says it is in talks to reduce price volatility, while at the same time minimising the discount from which its products suffer. The Kallanish index for 62% Fe Australian fines regained $0.22/tonne to $75.18/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2018 iron ore settled down CNY 2.5/t at CNY 558.5/t ($83.15/t), …
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