Seaborne iron ore concentrate premiums largely stable last week

The seaborne iron ore concentrate market saw little activity last week with only three working days in China, although high grades and low impurity products continued to see premiums being sustained by strong steel market demand and stricter environmental protection regulations.

The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $90.53 per tonne cfr China on Friday May 4, up $0.96 per tonne – or 1% - from a week earlier.
The daily Metal Bulletin 65% Fe Iron Ore Index averaged $84.93 per tonne cfr China over the week, up $0.05 per tonne – or 0.05% – from the preceding week’s average of $84.88 per tonne cfr China.

The daily Metal...


Metal Bulletin Editorial

May 07, 2018

04:40 GMT