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10 Jan
14:24

Iron ore steadies despite Cape Lambert fire

Seaborne iron ore prices remained fairly steady on Thursday despite a fire at Cape Lambert in Western Australia's Pilbara. FMG meanwhile has delivered its first medium-Fe fines but the market is waiting for direction from steel. The Kallanish KORE 62% Fe index gained $0.03/tonne to $74.09/dry metric ton cfr Qingdao. On COREX, 190,000 tonnes of PB fines, 90,000t of Jimblebar and 17,000t of Brazilian Blend sold at floating prices. On the Dalian Commodity …
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