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08 Jun
15:09

Iron ore slips as Atlas open to talks

Seaborne iron ore prices slipped a little on Friday as the Chinese steel market softened. Atlas Iron announced it is now able to negotiate with third parties, while Chinese iron ore import volumes rebounded from April in May. The Kallanish Index for 62% Fe Australian fines lost $0.21/tonne to $64.81/dry metric ton cfr Qingdao. 170,000 tonnes of Brazilian Blend sold for $70.2/t for delivery in 7-16 July on globalORE, while on COREX 110,000t of Carajas fines …
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