Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$101.24 per tonne, up $0.59 per tonne.
62% Fe low-alumina fines, cfr Qingdao:
$103.99 per tonne, up $0.99 per tonne.
58% Fe fines high-grade premium, cfr Qingdao:
$89.81 per tonne, up $0.26 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao:
$115 per tonne, up $1.50 per tonne.
62% Fe fines, fot Qingdao:
797 yuan per wet metric tonne (implied 62% Fe China Port Price:
$104.15 per dry tonne), up by 2 yuan per wmt.
Multiple seaborne iron ore deals were done in today’s trading session, supporting iron ore prices, sources said.
In the futures market, the iron ore contracts also increased with cash inflows to the Dalian Commodity Exchange.
“The large increase in the Shanghai A-share index is helping the market to rebuild confidence in...