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21 Oct
16:49

Iron ore falls as Sinosteel takes Oakajee

Seaborne iron ore prices fell a little further on Monday as steel and raw materials markets continued to trend lower. Sinosteel meanwhile has made another move towards deepening its presence in Western Australia. The Kallanish KORE 62% Fe index dropped $0.28/tonne to $88.12/dry metric ton cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled at CNY 611/t ($86.32/t), up CNY 2/t, while on the Singapore Exchange November 62% Fe …
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