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04 Dec
14:46

Iron ore firms as new Australian deposit found

Seaborne iron ore prices were firm on Tuesday on the back of higher ferrous prices. South Australia meanwhile saw a new iron ore deposit discovered, with some help from GFG Alliance. The Kallanish KORE 62% Fe index gained $0.44/tonne to $66.67/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines traded index linked on COREX. On the Dalian Commodity Exchange, May 2019 iron ore settled at CNY 466/t ($67.63/t), up CNY 2.5/t, while on the Singapore Exchange D…
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