Seaborne iron ore concentrate, pellet markets still quiet

Seaborne iron ore concentrate and pellet trading remained quiet in the week to Friday January 25 amid lackluster demand from China.

Concentrates Fastmarkets' weekly MB 66% Fe Iron Ore Concentrate Index was $94.17 per tonne cfr China on Friday, up by $1.28 per tonne from January 18. And Fastmarkets' daily MB 65% Fe Iron Ore Index averaged $89.18 per tonne cfr China last week, $0.84 per tonne higher than the previous week's average of $88.34 per tonne cfr. The increase in the concentrate index was based on the visible market activity detailed below. Any data received under Data Submitter Agreements or subject to a confidentiality request will not be published. A tender for a March shipment of 65% Fe...

Published

July Zhang

Alex Theo

January 28, 2019

09:16 GMT

Shanghai, Singapore