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05 Jun
16:01

Iron ore struggles, BHP revises brand specification

Seaborne iron ore prices corrected slightly on Wednesday, but futures market sentiment remained subdued. The Kallanish KORE 62% Fe index and KORE 65% Fe index each increased by $0.27/t and $0.54/t to $107.96/dry metric tonne cfr Qingdao and $123.78/dmt cfr, respectively. The KORE 58% Fe index was $0.3/t higher at $95.03/dmt cfr. 90,000 tonnes of Mac Fines and 170,000t of BRBF Fines were each sold at $102.3/t and $107.7/t with the laycan of 12-21 July, and 1-10 Ju…
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