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24 Jan

Iron ore and coking coal prices firm

Seaborne iron ore and coking coal prices were firm on Thursday. Posco meanwhile has been sourcing new pellet contracts in India. The Kallanish KORE 62% Fe index gained $0.03/tonne to $74.89/dry metric ton cfr Qingdao. On COREX, 170,000 tonnes of Brazilian Blend sold at $76.40/t with a laycan in 2-11 February. On the Dalian Commodity Exchange May iron ore settled at CNY 532.5/t ($78.44/t), up CNY 5.5/t, while on the Singapore Exchange February 62% Fe fu…
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