IRON ORE PRICES: Benchmark index retreats below $70 per tonne cfr China

Iron ore prices tumbled on Friday March 16 following a decline in the futures market amid doubts whether downstream demand for steel in China has truly started to recover after the Chinese New Year.

Metal Bulletin’s 62% Fe Iron Ore Index Today: $69.84 per tonne cfr Qingdao Daily change: down $2.27 per tonne Month-to-date average: $73.61 per tonne Metal Bulletin’s 58% Fe Premium Index Today: $56.91 per tonne cfr...

Published

Sophie Zhao

March 16, 2018

11:10 GMT

Singapore