22
Jan
14:52
Iron ore slips as MinRes declares Marillana progress
Seaborne iron ore prices slipped on Tuesday as the spot market quietened down. Mineral Resources meanwhile is progressing with its new joint venture mining project.
The Kallanish KORE 62% Fe index slipped $0.54/tonne to $74.94/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Brazilian Blend sold at a floating price. On the Dalian Commodity Exchange May iron ore settled down CNY 1/t at CNY 532/t ($78.55/t), while on the Singapore Exchange February 62%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous