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28 Aug
15:23

Iron ore steadies as Grange Resources misses out

Seaborne iron ore prices steadied on Wednesday after another sharp fall earlier in the week. For Grange Resources meanwhile, the slump comes just as it gets its operations back in order again. The Kallanish KORE 62% Fe index gained $0.99/t to $82.23/dry metric tonne cfr Qingdao. On the Dalian Commodity Exchange January 2020 iron ore settled down another CNY 13/t at CNY 580/t ($80.95/t), while on the Singapore Exchange September 62% Fe futures settled up $0.47/t …
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