Fastmarkets iron ore indices
66% Fe concentrate, cfr Qingdao:
$119.24 per tonne, up $6.63 per tonne from $112.61 per tonne a week earlier.
65% Fe blast furnace pellet, cfr Qingdao:
$128.28 per tonne, up $8.11 per tonne from $120.17 per tonne a week earlier.
Weekly average for 65% Fe Brazil-origin fines, cfr Qingdao:
$122.68 per tonne, up $5.68 or from $117 per tonne the previous weekly average.
Rising fines prices were the main driver of the higher concentrate prices, with the weekly average of Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao on Friday, up by $5.68 per tonne, or 4.85%, compared with the previous week's $117 per tonne. Fastmarkets’ 62% Fe fines, cfr Qingdao index, meanwhile, saw a week-on-week climb of $7.29 per tonne, or 7%, to reach $111.56 per tonne, up from $104.27...