30
Jul
15:31
Iron ore flat, BHP digs at South Flank
Seaborne iron ore prices stalled on Monday after their increase at the end of last week. BHP Billiton, meanwhile, has started digging at South Flank, as prices continue to favour high grade fines.
The Kallanish index for 62% Fe Australian fines dropped $0.20/t to $66.22/dry metric tonne cfr Qingdao on Monday. 190,000t of PB fines sold at $65.51/t with a laycan in 14-23 August. On the Dalian Commodity Exchange September iron ore settled up CNY 2.5/t at …
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Anonymous
Very good overview of the weekly steel market.
Anonymous