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24 Oct
16:06

Iron ore holds as Grange Resources looks forward

Seaborne iron ore price gained again on Wednesday as they bounced around their new range in the low $60s. Grange Resources meanwhile, which is recovering from a disastrous June quarter, is optimistic about the coming months. The Kallanish index for 62% Fe Australian fines gained $0.45/tonne to $62.48/dry metric ton cfr Qingdao. 100,000 tonnes of PB fines sold in tender at $62.09/t with a laycan in 5-14 November. A 170,000t cargo of PB fines and 70,000t…
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