IRON ORE DAILY: High-grade prices gain

Seaborne iron ore prices were up on Wednesday March 18, with Brazilian-origin high-grade fines finding traction among buyers in China.

Fastmarkets iron ore indices
 62% Fe fines, cfr Qingdao: $91.71 per tonne, up $0.51 per tonne.
 62% Fe low-alumina fines, cfr Qingdao: $93.20 per tonne, up $0.81 per tonne
 58% Fe fines high-grade premium, cfr Qingdao: $80.43 per tonne, up 0.64 per tonne.
 65% Fe Brazil-origin fines, cfr Qingdao: $107.30 per tonne, up $1.10 per tonne
 62% Fe fines, fot Qingdao: 688 yuan per wet metric tonne (62% Fe China Port Price: $90.04 per dry tonne), up 13 yuan per wmt.
Key Drivers

Potential disruptions to miner Vale’s...

Published

Deepali Sharma

March 18, 2020

12:07 GMT

Singapore