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24 Aug
14:50

Iron ore and coal prices firm

Seaborne iron ore prices, and met coal, took their lead from steel again on Wednesday, holding steady at their newfound highs. Vale flagged a disruption to a railway line meanwhile but the impact on the market is not expected to be great. The Kallanish index for 62% Fe Australian fines dipped just $0.05/t to $61.45/dry metric ton cfr Qingdao. 170,000 tonnes of Brazilian blend sold on globalORE at a floating price for October delivery. Met coal prices have als…
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