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26 Aug
09:53

Iron ore firm as legal issues burn Noble

Seaborne iron ore prices were firm again on Friday, remaining in the high $70s amid continued mill buying. The troubled Noble Group meanwhile suffered a legal setback in a Shanghai court over a dispute over an iron ore cargo. The Kallanish index for 62% Fe Australian fines slipped $0.16/tonne to $77.22/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold on COREX at $77.50/t for delivery on 27 August-5 September. On the Dalian Commodity Exchange Janu…
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