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13 Dec
14:35

Iron ore pulls back from high

Seaborne iron ore prices pulled back from Monday’s high but remained over $82/tonne on Tuesday. Australia’s Mineralogy meanwhile has won an interim payment from China’s CITIC in the ongoing royalties dispute. The Kallanish index for 62% Fe Australian fines dropped $0.43/t to $82.19/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in a tender for $82.01/t with a laycan in 9-18 January. This compared with a deal at $82.51/t on Mon…
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