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02 Aug
15:23

Iron ore slides as Koolyanobbing prepares to ship

Seaborne iron ore prices slipped slightly on Thursday amid greater doubts on the Chinese steel futures markets. Koolyanobbing meanwhile, just months after preparing to close permanently, is preparing to ship ore again. The Kallanish index for 62% Fe Australian fines slipped $0.70/tonne to $66.24/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold at  $65.22/t with a laycan in 24 August -2 September. On the Dalian Commodity Exchange September ir…
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