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27 Jun
15:57

Iron ore slides as FMG gets to the point

Seaborne iron ore prices pulled back a little but remained in their range in the low $60s. FMG meanwhile pinpointed the key to the battle over Atlas Iron: whether or not it has rights to develop capacity at Port Hedland. The Kallanish index for 62% Fe Australian fines slipped $0.37/tonne to $63.58/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $62.38/t with a laycan in 13-22 July, while another 100,000t of PB fines sold at $62.55/t with a la…
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