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10 Feb
11:39

Iron ore continues to rise on Brazil troubles

Seaborne iron ore continued to rise on Friday as the sector reacted to the burgeoning tailing dam crisis in Brazil. At-risk communities were evacuated from the failure flow-path areas of two more dams, one overseen by Vale and one by ArcelorMittal Brazil. The Kallanish KORE 62% Fe index gained another $1.81/tonne to $92.14/dry metric ton cfr Qingdao. The Dalian Commodity Exchange was closed last week for the holiday period, but on the Si…
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