Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $85.04 per tonne, up $1.62 per tonne.
62% Fe Pilbara Blend fines, cfr Qingdao: $85.07 per tonne, up $1.62 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $84.45 per tonne, up $1.53 per tonne.
58% Fe fines high-premium, cfr Qingdao: $74.91 per tonne, up $2.78 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $96.90 per tonne, up $1.10 per tonne.
62% Fe fines, fot Qingdao: 642 yuan per wet metric tonne (
implied 62% Fe China Port Price, $83.57 per dry tonne), up 16 yuan per wet metric tonne.
Key drivers
Market participants told Fastmarkets that firmer demand for finished steel products, including steel reinforcing bar (rebar)...
