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25 Jan
14:30

Iron ore holds as Vale, Pan Ocean boost ties

Seaborne iron ore prices were steady on Friday as trading levels dried up. Pan Ocean meanwhile has continued to cement its relationship with Vale with a new shipping contract. The Kallanish KORE 62% Fe index slipped $0.04/tonne to $74.85/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange May iron ore settled up another CNY 3/t at CNY 535.5/t ($78.81/t), CNY 14/t than a week earlier. On the Singapore Exchange meanwhile February 62% Fe futures settl…
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