RIO LON UP 1.18% BLT LON Down -0.77% GLEN LON Down-0.93% AAL LON...

RIO LON UP 1.18%
BLT LON Down -0.77%
GLEN LON Down-0.93%
AAL LON Down -1.65%

RIO NYSE UP 0.99%
BHP NYSE UP 1.90%
VALE NYSE UP 0.86%
CLF NYSE UP 0.41%

Platts spot price 62% Fe up 40 cents now $95.90/dmt US

Platts spot price 62% Fe up 8 cents now $102.57/dmt AUD

Headwinds!

Tugboat engineers intend to strike for four hours each on Aug. 9, Aug. 11 and Aug. 13, says Teekay Shipping (Australia) Pty, which is contracted by BHP Billiton Ltd. to tow vessels. Fortescue and BHP estimate such a disruption may cost users about $93 million a day.

http://www.bloomberg.com/news/2014-...rout-extending-as-supply-growth-quickens.html

Putin Hits Tipping Point as Ukraine Tightens Rebel Noose

http://www.bloomberg.com/news/2014-...ng-point-as-ukraine-tightens-rebel-noose.html