10
Jun
18:16
Iron ore quietens as BHPB considers new sources
Seaborne iron ore prices were flat again on Friday as China holidayed again. In news which will concern many mining juniors in the sector however, it looks like Australia’s BHP Billiton (BHPB) is studying an option to develop a big new iron ore deposit in the Pilbara.
The Kallanish index for 62% Australian fines upticked marginally by $0.16 to $50.53/dry metric ton cfr Qingdao. There was no trading activity on globalORE and futures prices also showed littl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous