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21 May

Iron ore holds, MinRes delivers Onslow products

Seaborne iron ore prices almost held firm on Monday, with China's local iron ore production showing strong growth. The Kallanish KORE 62% Fe index and KORE 65% Fe index gained $0.04/t and $0.72/t respectively to $119.18/dry metric tonne cfr Qingdao and $134.96/dmt cfr. The KORE 58% Fe index, however, was $0.27/t lower at $105.9/dmt cfr. Sources report that 85,000 tonnes of Carajas Fines were booked at a floating price with a laycan of 13-22 June, and another dā€¦
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