Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $87.46 per tonne, down $0.65 per tonne.
62% Fe Pilbara Blend fines, cfr Qingdao: $86.55 per tonne, down $0.65 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $86.86 per tonne, down $1.14 per tonne.
58% Fe fines high-premium, cfr Qingdao: $77.44 per tonne, up $0.01 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $99.20 per tonne, down $0.60 per tonne.
62% Fe fines, fot Qingdao: 659 yuan per wet metric tonne (implied
62% Fe China Port Price, $85.81 per dry tonne), unchanged.
Key drivers
China’s steel and iron ore futures were rangebound during the day, with the benchmark iron ore contract ending moderately lower...