Seaborne iron ore concentrate, pellet prices fall

Seaborne iron ore concentrate and pellet prices fell in line with last week's general price dive, sources told Fastmarkets.

Concentrate Fastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao, stood at $103.77 per tonne on Thursday August 8, down $16.99 per tonne compared with August 2. The movement was based on visible market activity detailed below, which was included in the index calculation according to published methodology. No data was discarded in the calculation of the index and any data received under a Data Submitter Agreement or subject to a confidentiality request is not published. An August-arrival cargo of 65% Fe Ukrainian low-sulfur iron ore concentrate was offered at the September average of a 65% Fe...


July Zhang

August 12, 2019

14:15 GMT