13
Sep
22:19
Iron ore recovers but Rio loses its head
Seaborne iron ore prices were picking up on Friday on the back of improving Chinese steel market sentiment. Rio Tinto meanwhile has announced a wide-reaching leadership change after it destroyed indigenous heritage earlier this year.
The Kallanish KORE 62% Fe index increased $1.44/t to $127.31/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index gained $1.52/t to $139.97/dmt cfr, and the KORE 58% Fe index gained $0.13/t to $115.76/dmt cfr. On the Dalian Co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous