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09 Jul
15:05

Iron ore firm as BHP 100-year plan approved

Seaborne iron ore prices ticked higher on Monday as China’s steel futures markets recovered. BHP Billiton meanwhile has had its provisional plans for thirteen new mines over the next 100 years approved. The Kallanish index for 62% Fe Australian fines increased $0.43/t to $62.73/dry metric tonne cfr Qingdao. There were two 170,000t cargos of PB fines sold in tender. The first was at $61.6/t with a laycan in 30 July-8 August and the second at $61.8…
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