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13 Jun
15:46

Iron ore settles back as Koolyanobbing saved

Seaborne iron ore settled back slightly on Wednesday amid some uncertainty in China’s steel futures markets. Mineral Resources meanwhile has caused another stir with its acquisition of Koolyanobbing. The Kallanish index for 62% Fe Australian fines slipped $0.11/tonne to $65.42/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold at $64.43/t with a laycan in 3-12 July. On COREX 70,000t of Carajas fines sold at $88.50/t with a laycan in 20-29 Jun…
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