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21 Jun
14:40

Iron ore gains, Rio’s iron ore boss leaves

Seaborne iron ore prices firmed a little on Wednesday with spot deals and futures prices pointing very slightly higher. Rio Tinto announced a significant reshuffle in its management meanwhile which will see iron ore boss Andrew Harding leave the company. The Kallanish index for 62% Fe Australian fines rose by $0.51 to $49.58/dry metric ton cfr Qingdao. 90,000 tonnes of Carajas fines was traded on globalORE at $55.25/t for July delivery and futures prices in Sing…
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