IRON ORE DAILY: Prices weaken further amid steel losses

Physical iron ore prices continued to slide on Friday September 20 amid further losses in the steel markets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $92.56 per tonne, down $0.67 per tonne.
62% Fe Pilbara Blend fines, cfr Qingdao: $92.95 per tonne, down $0.67 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $90.78 per tonne, down $0.69 per tonne.
58% Fe fines high-premium, cfr Qingdao: $80.36 per tonne, down $1.17 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $99 per tonne, down $0.90 per tonne.
62% Fe fines, fot Qingdao: 760 yuan per wet metric tonne (implied 62% Fe China Port Price, $98.69 per dry tonne), down 3 yuan per wmt.
Key drivers

Published

July Zhang

September 20, 2019

13:20 GMT

Shanghai