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18 Jan
14:41

Iron ore holds as BHPB output recovers

Seaborne iron ore prices held broadly steady on Thursday as Chinese steel futures enjoyed a small rebound. BHP Billiton meanwhile announced it had managed to make up weak production last summer in the December quarter, allowing it to capitalise on strong prices. The Kallanish index for 62% Fe Australian fines slipped another $0.16/tonne to $74.23/dry metric ton cfr Qingdao. 190,000 tonnes of PB fines sold at $73.01/t with a laycan in 9-18 February. On globa…
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