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29 Apr
16:29

Iron ore slides as Mount Gibson turns corner

Seaborne iron ore prices slipped again on Monday despite a flurry of deals. Mount Gibson meanwhile saw output slump in the first quarter of 2019 but is preparing for a more profitable Q2. The Kallanish KORE62% Fe index slipped $0.55/tonne to $92.40/dry metric ton cfr Qingdao. 170,000 tonnes of PB fines sold in tender at $90.4/t with a laycan in 4-13 June. On globalORE 170,000t of Brazilian Blend sold at $97.1/t with a laycan in 25 May-3 June. On COREX …
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