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09 May
17:17

Iron ore rests as Rio considers export push

Seaborne iron ore prices took a breather on Thursday as markets awaited news from the trade negotiations in Washington. Rio Tinto meanwhile is considering whether to boost its exports levels. The Kallanish KORE 62% Fe index gained $0.05/tonne to $94.49/dry metric ton cfr Qingdao. 90,000 tonnes of Yandi fines sold in tender at a floating price, as did a 10,000t cargo of Yandi on globalORE. 80,000t of Newman fines also sold on globalORE, also at a floating pr…
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