Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$90.75 per tonne, up $0.70 per tonne.
62% Fe low-alumina fines, cfr Qingdao:
$92.46 per tonne, up $1.37 per tonne
58% Fe fines high-grade premium, cfr Qingdao:
$79.66 per tonne, up 1.18 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao:
$105.30 per tonne, up 0.30 per tonne
62% Fe fines, fot Qingdao:
665 yuan per wet metric tonne (62% Fe China Port Price:
$87.60 per dry tonne), down 4 yuan per wmt.
Futures prices on Dalian Commodity Exchange (DCE) gave up the gains made earlier in the day with the World Health Organization having decided that the novel coronavirus (2019-nCoV) outbreak is now considered a pandemic on Wednesday. Futures prices, however, closed higher day on day on Thursday.
In the physical iron ore...