10
Aug
16:53
Iron ore slips as Rio mulls Canada listing
Seaborne iron ore prices pulled back on Friday after a fairly strong week. Rio Tinto meanwhile is reportedly considering a listing for its Canadian operations.
The Kallanish index for 62% Fe Australian fines (KORE 62% Fe) lost $0.62/tonne to $68.58/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at $67.58/t with a laycan in 27 August-5 September. On COREX meanwhile, two 170,000t of Brazilian Blend traded, one at $74.2/t with a laycan in 27 Augus…
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Anonymous
Very good overview of the weekly steel market.
Anonymous