IRON ORE PRICES: Benchmark index gets above $70 barrier

Iron ore prices climbed above the threshold of $70 per tonne cfr China on Friday December 1, despite narrowing in both futures and the steel market.

Metal Bulletin’s 62% Fe Iron Ore Index Today: $70.11 per tonne cfr Qingdao Daily change: up by $1.98 per tonne Month-to-date average: $70.11 per tonne Metal Bulletin’s 58% Fe Premium Index Today: $57.77 per tonne cfr...

Published

Sophie Zhao

December 01, 2017

12:20 GMT

Singapore