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06 Nov
14:59

Iron ore firms as blockchain enters market

Seaborne iron ore prices ticked higher again on Wednesday and mills are expected to purchase in the coming days. Trafigura meanwhile is looking to blockchain to make trading more efficient. The Kallanish KORE 62% Fe index gained $0.50/tonne to $84.90/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled at CNY 625/t ($89.23/t), up CNY 8/t, while on the Singapore Exchange December 62% Fe futures settled up $0.44/t at…
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