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25 Apr
20:50

Seaborne iron ore falls again

Iron ore slipped again on Wednesday for the second successive day, although it remains within the $66-67 range where it has stood for the last seven calendar days. The Kallanish index for 62% Fe Australian fines fell back again by $0.83/tonne to $66.01/dry metric ton cfr Qingdao, following Tuesday’s milder slip. 210,000 tonnes of PB fines sold at $65.20/t with a laycan in 7-16 May. On the Dalian Commodity Exchange September iron ore futures …
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