Subscribe to RSS feedRio Tinto in fixing flurry
by
Obsidian
—
last modified
Jan 29, 2009 12:00 AM
Australia's second largest iron ore producer, Rio Tinto, led a fixing surge in the Asia market as the Baltic Dry Index rose 28 points to 900, Lloyds List reports.
Fixture lists last week showed Rio Tinto had fixed five capesize vessels to haul iron ore from Damper to China with relatively early positions, according to the Baltic Exchange.
The miner took five capesizes for 160,000-tonne cargoes for US$5.40-US$5.50 per...
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