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24 Apr
16:59

Iron ore prices remain range bound

Seaborne iron ore prices stayed within their most recent range on Tuesday, still hovering around the $67-mark. News from Fortescue that its shipments were down, but only slightly, in the first three months of 2018 (see separate article), will not have caused many ripples in the market. The Kallanish index for 62% Fe Australian fines fell back slightly by $0.26/tonne to $66.84/dry metric ton cfr Qingdao, following Monday’s uptick. 170,000 ton…
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