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19 Nov
14:49

Iron ore gains as BHP settles tax bill

Seaborne iron ore prices gained slightly on Monday, continuing to mirror movements in steel futures in reverse. BHP, meanwhile, has settled a tax dispute with Australia. The Kallanish KORE 62% Fe index gained $0.33/t to $75.49/dry metric tonne cfr Qingdao. On COREX, 170,000t of Carajas fines for December delivery traded at $93/t. 170,000t of PB fines also traded at a floating price. On the Dalian Commodity Exchange January 2019 iron ore settled up C…
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