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19 Oct
10:32

Iron ore firm as BHPB signals steady shipments

Seaborne iron ore prices were firm on Wednesday as the Chinese steel market remained firm but could not boost prices sharply. BHP Billiton meanwhile emphasised steady operations in its latest quarterly report. The Kallanish index for 62% Fe Australian fines increased by $0.29/t to $57.35/dry metric ton cfr Qingdao. BHPB produced 57.59 million tonnes of iron ore in the September quarter, flat from the previous year but up 4% from the previous quarter. Beh…
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